Zone of Indifference refers to the study conducted by a Famous Philosophical mangament guru Chester Barnard who said organisations could function on such a unique concept of authority, for each individual within which orders were accepted without questioning authority.the "zone of indifference might be narrow or wide,depending on the degree to which the inducements outweighed the burdens and sacrifices for the individual.
Zone of indifference is a service level where your customer service is forgettable!
The word "indifference" is a noun.
indifference means a lack of interest so an indifference in nature means a lack of interest of nature.
Indifference curve is a curve that shows consumption bundles that give the consumer the same level of satisfaction. Indifference map, on the other hand Indifference curve is a graph of two or more indifference curves.
His indifference towards the situation was unsettling to those around him.
indifference curves slopes downward to the right
I cannot suffocate their plea for air with my careless indifference.
two indifference curve never cut each other..
Indifference is a lack of interest, concern, or sympathy towards something or someone. It involves a state of emotional detachment or apathy where one shows little to no reaction or involvement.
what will be the shape of indifference curve if one of the two goods is a free commodity
a single indifference curve cannot cross itself.
The three major characteristics of an indifference curve are: 1. They are negatively sloped 2. They are convex to the origin 3. Indifference curve cannot be intersected