In economics an indifference curve* is a graph showing different combinations of two goods that provide a consumer with the same level of satisfaction or utility. This means the consumer has no preference for one combination over another -- the consumer is “indifferent” between them.
Let's say you are evaluating in your system two line stage preamps. Both of them sound fantastic in your system.
One preamp is slightly more resolving and incisive and dynamic. The other preamp is slightly more "musical." While each preamp has slightly different strengths and weaknesses, you happily could live with either of them.
Each preamp gives you the same overall level of musical enjoyment, but in slightly different ways. So both preamps are, for you, on the same indifference curve, but they are at different points on the curve (different points on the graph).
How do you decide which preamp to buy, and which preamp to return? Where do you settle on this indifference curve?
*Indifference curve is a part of every basic microeconomics class. It is a simple concept which has a lot of explanatory power in many areas.
Let's say you are evaluating in your system two line stage preamps. Both of them sound fantastic in your system.
One preamp is slightly more resolving and incisive and dynamic. The other preamp is slightly more "musical." While each preamp has slightly different strengths and weaknesses, you happily could live with either of them.
Each preamp gives you the same overall level of musical enjoyment, but in slightly different ways. So both preamps are, for you, on the same indifference curve, but they are at different points on the curve (different points on the graph).
How do you decide which preamp to buy, and which preamp to return? Where do you settle on this indifference curve?
*Indifference curve is a part of every basic microeconomics class. It is a simple concept which has a lot of explanatory power in many areas.