Economy, asked by lukmanahmedmd973, 5 months ago

properties of indifferent curve​

Answers

Answered by parmarjiya59
0

Explanation:

Property I. Indifference curves slope downward to the right.

Property II: Indifference curves are convex to the origin.

Property III: Indifference curves cannot intersect each other.

Property IV: A higher indifference curverepresents a higher level of satisfaction than a lower indifference curve:

Answered by sk6949072
0

Answer:

4 Important Properties of Indifference Curve (with curve diagram)

Property I. Indifference curves slope downward to the right: ...

Property II: Indifference curves are convex to the origin: ...

Property III: Indifference curves cannot intersect each other: ...

Property IV: A higher indifference curve represents a higher level of satisfaction than a lower indifference curve:

Explanation:

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