An Indifference Map: A graph showing a whole set of indifference curves is called an indifference map. In the given figure three indifference curves IC1, IC2 and IC3 have been shown. The various combination of goods of wheat and rice lying on IC1 yield the same level of satisfaction to the consumer. The combination of goods lying on higher indifference curve IC2 contain more of both the goods wheat... 

The Construction of Indifference Curves: The consumer’s preferences can be shown in a diagram with an indifferences curve. The indifferences curve shows nothing about the absolute amounts of satisfaction obtained. It merely indicates a set of consumption bundles that the consumer views as being equally satisfactory. In the given figure, we measure the quantity of wheat along X-axis (in kilograms)...