Economy, asked by Anonymous, 5 months ago

what are the properties of indifference curve??

Answers

Answered by fishyfishy

1

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.

Explanation:

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Answered by ruchikakapri

2

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,

(4) indifference curves are convex.

Explanation:

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