Economy, asked by raniastha02, 4 months ago

indifference curve slopes from left to right or from right to left​

Answers

Answered by Anonymous
0

Answer:

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Explanation:

ADVERTISEMENTS: The consumer must part with a diminishing quantity of wheat as he gets an increasing stock of rice. The loss of satisfaction to the consumer on account of the downwards movement is made up by the gain through the rightward movement. As such the indifference curve must slope downwards to the right.

Answered by 98lol
1

Answer:

The indifference curves must slope down from left to right. ... It slopes downward because as the consumer increases the consumption of X commodity, he has to give up certain units of Y commodity in order to maintain the same level of satisfaction.

Explanation:

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