One idea at a time · explore as you learn1 / 11
How can utility numbers change while preference rankings stay the same?
More coffee may be welcome while more noise is unpleasant. Both can be objects of choice.
EC311 / GRAPHTry changing a value
1 Predict → 2 Try → 3 Explain → 4 Challenge
What does moving along an indifference curve mean?
Illustrative model numbers, not Thailand or current economic data.