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- [Narrator] In this video, were going to explore the idea of an indifference curve. Indifference. Indifference curve. And what it is, is it describes all of the points, all of the combinations of things to which I am indifferent. In the past, weve thought about maximizing total utility. Now, were going to talk about all of the combinations that essentially give us the same total utility. So, lets draw a graph that tells us all of the different combinations of two goods to which we are indifferent and like Ive, weve mentioned before, were focusing on two goods, because if we did three goods we would have to do it in three dimensions, and four goods would get very abstract. So, lets say in this axis, the vertical axis, this is going to be the quantity and well stay with the chocolate and the fruit trade-off. Those are the only two things that we consume. So, this is going to be the quantity of chocolate in bars and in the horizontal axis, this is going to be the quantity of fr
