name two characteristics of indifference curves?
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Characteristics of Indifference Curves
Indifference curves slop downward to the right. ...
Every indifference curve to the right represents a higher level of satisfaction. ...
Indifference curves cannot intersect each other. ...
Indifference curve will not touch the axis. ...
Indifference curves are convex to the origin.
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Answer:
Characteristics of Indifference Curves
- Indifference curves slop downward to the right. ...
- Every indifference curve to the right represents a higher level of satisfaction. ...
- Indifference curves cannot intersect each other. ...
- Indifference curve will not touch the axis. ...
- Indifference curves are convex to the origin.
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