Economy, asked by vankudothjagadeesh20, 5 hours ago

* properties of indifference Curves *

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Answered by Aaaryaa

Answer:

The four properties of indifference curves are: (1) indifference curves can never cross, (2) the farther out an indifference curve lies, the higher the utility it indicates, (3) indifference curves always slope downwards, and (4) indifference curves are convex.

Answered by Xxitzking01xX

The four properties of indifference curves are:

(1) indifference curves can never cross,

(2) the farther out an indifference curve lies, the higher the utility it indicates,

(3) indifference curves always slope downwards,

(4) indifference curves are convex.

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