Economy, asked by adityakounda17, 7 months ago

Q.3 Explain the two properties of Indifference curve.​

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Answered by REMYSINGH
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Answered by gurnoorkaur37
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Answer:

There are four important properties of indifference curves that describe most of them: (1) They are downward sloping, (2) higher indifference curves are preferred to lower ones, (3) they cannot intersect, and (4) indifference curves are convex (i.e. bowed inward).

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