Economy, asked by tahseena1989, 7 months ago

explain the features of indifference curve with the help of a diagram

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Answered by Anonymous

14

Explanation:

The very important feature of the indifference curves is that they are convex to the origin and they cannot be concave to the origin. A normal indifference curve will be convex to the origin and it cannot be concave. ... The consumer passes from point A to B on the same curve to remain in the same level of satisfaction.

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