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Why ic downward sloping?

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Why ic downward sloping?
  • 2 answers

Prachi Patidar 7 years, 11 months ago

Ic is downward sloping because to gain an additional unit of x some units of y must be sacrificed so the total satisfaction across all bundles remains same.

Prachi Bhaskar 7 years, 11 months ago

because of monotonous preference consumer
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