explain any three properties of indifference curve through diagram
Answers
Answered by
3
Answer:
Some of the properties are: 1. They Slope Negatively or Slope Downwards from the Left to the Right 2. They are Convex to the Origin of Axes 3. Every Indifference Curve to the right represents Higher Level of Satisfaction than that of the Proceeding One and Others
Answered by
2
Answer:
Some of the properties are:
■>1= they slope negatively or slope downwards from the left to the right.
■>2= they are convex to the origin axes.
■>3= every indifference to the right represents higher level of satisfaction than that of the proceeding one and other.
Similar questions
Math,
4 months ago
Social Sciences,
4 months ago
Math,
9 months ago
Science,
1 year ago
Math,
1 year ago