Why does Indifference Curve slopes downwards?
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The indifference curves must slopedown from left to right. This means that an indifference curve is negatively sloped. It slopes downward because as the consumer increases the consumption of X commodity, he has to give up certain units of Y commodity in order to maintain the same level of satisfaction.
HOPE IT HELPS YOU ☺☺ !!!
The indifference curves must slopedown from left to right. This means that an indifference curve is negatively sloped. It slopes downward because as the consumer increases the consumption of X commodity, he has to give up certain units of Y commodity in order to maintain the same level of satisfaction.
HOPE IT HELPS YOU ☺☺ !!!
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