Question

why ic is not concave to origin ....full explanation​

Answer 1

Answer:

Indifference curve are convex to origin because every additional unit increase it the quantity of one commodity the consumer will be willing to forgo the lesser and lesser of other commodity.

Answer 2

: The indifference curves are convex to the origin because of the diminishing marginal rate of substitution. ... So, diminishing Marginal Rate of Substitution is the reason why the indifference curves are convex to the origin and not concave to the origin.