Economy, asked by Damponpur, 10 months ago

state any three properties of indifference curved ​

Answers

Answered by Anonymous
8

Explanation:

Some properties are

1)Indifference curves are downward sloping, (2) higher indifference curves are preferred to lower ones, (3) indifference curves cannot intersect, and (4) indifference curves are convex.

Answered by Anonymous
2

There are four important properties of indifference curves that describe most of them:

(1)Indifference curves are downward sloping,

(2) higher indifference curves are preferred to lower ones, (3) indifference curves cannot intersect, and

(4)indifference curves are convex (i.e. bowed inward).

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