Economy, asked by muskanlark9626, 11 months ago

Mcq not the basic property of indifference curves ? (1) indifference curves have a negative slope. (2) indifference curves of imperfect substitutes are concave to the origin. (3) indifference curves do not intersect nor are they tangent to one another. (4) upper indifference curves indicate higher level of satisfaction

Answers

Answered by Anonymous
3

Explanation:

Mcq not the basic property of indifference curves ?

(1) indifference curves have a negative slope. ✔✔

(2) indifference curves of imperfect substitutes are concave to the origin.

(3) indifference curves do not intersect nor are they tangent to one another.

(4) upper indifference curves indicate higher level of satisfaction

Answered by Anonymous
3

Answer:

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not the basic property of indifference curves ?⬇️

(1) indifference curves have a negative slope. ✔️

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