Question

Write down properties of indifference curve

Answer 1

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$\mathfrak{\blue{Q.}}$Write down properties of indifference curve.

$\mathfrak{\blue{Ans.}}$ Properties of ic or indifference curve are,

$\mathfrak{i.)}$ An indifference curve slopes downwards from left to right.

$\mathfrak{ii.)}$ An indifference curve is convex to the origin.

$\mathfrak{iii.)}$ An indifference curve which shifts to the rights represents higher level of satisfaction.

$\mathfrak{iv.)}$ Two Indifference curves never intersect each other.

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Answer 2

HEY MATE HERE IS YOUR ANSWER

1. an indifference curve is convex to the origin.

2. it slopes downward from left to right.

3. it is which shift right to the represent higher level of satisfaction.

4. two indifference curve never intersect each other.

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