Indifference Curves & Budget Constraint
Indifference curves showing consumer preferences with the budget line. The tangency point indicates the optimal consumption bundle.
Demand Curve for Good X
Demand curve derived from utility maximization. The highlighted point shows the current price-quantity combination.
Optimal Bundle & Selected Demand Points
Cobb-Douglas: key values at selected prices
| Price of X (Px) |
Optimal Qx |
Optimal Qy |
Utility Level |