Economy, asked by kanika2749, 1 year ago

define why ic is convex to origin

Answers

Answered by sendy53

1

Answer:

it is because, the slope of IC tends to decline as we move along the IC from left to right

Explanation:

IC tends to decline because.... the rate at which the consumer substitute the one commodity for the other tends to decline

Previous Question

Next Question

Similar questions

English, 6 months ago

Knowing she loved reading, Richard bought her a book... what types parts of speech knowning & reading...

English, 6 months ago

I told George, "You should stay". Change in narration...

English, 6 months ago

What is the term "strand" in the k-12? what is the term "track" in the k-12?

Math, 1 year ago

A and B can do a piece of work in 40 days, B and C can do it in 120 days. If B alone can do it in 180 days, in how many days will A and C do it together?

Biology, 1 year ago

Give an account of parts of typical dicot leaf...

French, 1 year ago

Les meilleurs programmes enrichis à l'édusuccès meaning...

Social Sciences, 1 year ago

how has democracy reduced inequality and poverty in India. explain with the help of examples. plz ans...

Psychology, 1 year ago

Hey Mates, A man and his son were in an automobile accident. The man died on the way to the hospital, but the boy was rushed into surgery. The emergency room surgeon said “I can’t operate, that’s my son!” How is this possible?