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<p>and which plot the combination of commodities that an individual would accept to maintain a given level of satisfaction. Combining indifference curves with budget constraints allows for individual <a href="page.php?w=demand_function">demand curves</a> derivation.</p>

<p>In an indifference curve, the vertical and horizontal axes represent an individual's consumption of commodity Y and X respectively. All the combinations of commodity X and Y along the same indifference curve are regarded indifferently by individuals, which means all the combinations</p><p>
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