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Explain properties of indifference curve

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Explain properties of indifference curve
  • 2 answers

Mohit Langade 6 years, 7 months ago

Is also neither intersect x or y axes

Iti Agarwal 6 years, 7 months ago

1.. IC slopes downward 2.. IC is convex to origin 3.. Higher IC shows higher level of satisfaction 4.. ICs do not intersect each other
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