Economy, asked by Anupg2830, 5 months ago

Name 2 characteristics of indifference curves

Answers

Answered by alishacrasta441

2

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

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