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Write $r_i={\mu }_i^2$ and assume $g>0$, as required for quartic stability. In the mean-field approximation, the two-component radial quartic Landau potential isSet $x={\varphi }_1^2\ge 0$, $y={\varphi }_2^2\ge 0$. At fixed $\rho =x+y$, the quartic term is fixed and the quadratic term is minimized by assigning all of $\rho$ to the component with smaller $r_i$. Minimizing over $\rho$ then givesThe resulting phase diagram has these regions:

On $r_1=r_2=r<0$, the symmetry is enhanced to the orthogonal group $O(2)$, and the minima form the circleMixed-component minima occur on this line, rather than in an open coexistence region. Crossing the negative diagonal swaps the selected component discontinuously: this is a first-order phase transition, also called a spin-flop transition. For example, holding $r_2=r<0$ fixed and moving $r_1$ across $r$, the derivative $\partial f_{\min }/\partial r_1$ jumps from $-r/(8g)$ to zero. The angular degeneracy exactly on the line does not remove this discontinuity.

The positive half-axis $r_1=0$, $r_2>0$ is a continuous phase transition, as is $r_2=0$, $r_1>0$. Their endpoint at $(0,0)$ is a bicritical point, where the two continuous boundaries meet the first-order negative diagonal. Approaching the origin radially makes the ordered amplitude vanish continuously. The negative half-axes lie inside ordered phases and are not additional transition lines. There are two continuous half-axis boundaries and one first-order negative diagonal, meeting at the origin.