Question

state and explain the properties of an IC with the help of suitable diagram​

Answer 1

Answer:

Some of the properties are: 1. They Slope Negatively or Slope Downwards from the Left to the Right 2. They are Convex to the Origin of Axes 3. Every Indifference Curve to the right represents Higher Level of Satisfaction than that of the Proceeding One and Others.

Answer 2

Answer:

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Explanation:

IC

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