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Gaurav Seth 7 years ago
Properties of Indifference Curve
(i)Indifference curves slope downwards from left to the right.
(ii)Indifference curve is always convex to the origin.
(iii) Indifference curves can never touch or intersect each other.
(iv)A higher indifference curve represents a higher level of satisfaction.
(v)Indifference curve cannot touch either axis
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