Economy, asked by parathapa123, 3 months ago

Explan of all properties of indifferen curve​

Answers

Answered by sanjuambastha
0

Answer:

The four properties of indifference curves are: (1) indifference curves can never cross, (2) the farther out an indifference curve lies, the higher the utility it indicates, (3) indifference curves always slope downwards, and (4) indifference curves are convex.

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Answered by MissPhenomenal
2

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The four properties of indifference curves are:

(1) indifference curves can never cross,

(2) the farther out an indifference curve lies, the higher the utility it indicates,

(3) indifference curves always slope downwards, and

(4) indifference curves are convex.

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