properties of indifference curve
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1. Indifference Curves are Downward Sloping
2. Higher Indifference Curves Are Preferred to Lower Ones
3. Indifference Curves Cannot Intersect
4. Indifference Curves are convex (i.e. bowed inward)
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Properties of indifference curve :-
♥ They are always convex to the origin .
♥ They slope downwards .
♥ They represent higher levels of satisfaction .
♥ They can never intersect each other .
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