Economy, asked by yash1265, 1 year ago

why indifference curve is negative

Answers

Answered by sami91
0
Hey there !

The indifference curves must slope down 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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