Economy, asked by Anonymous, 2 months ago

Explain the features of indifference curves with the help of diagrams

Answers

Answered by Anonymous

5

Answer:

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.

Answered by abhiraghav4

11

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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