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features of indifference curve

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features of indifference curve
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Kirati Lahoty 6 years, 2 months ago

1. IC is downward sloping. 2. IC is convex towards origin. 3. Higher IC gives higher level of satisfaction. 4. IC curves may or may not be parallel to each other. 5. IC curves never intersect each other. 6. IC never touch any axis.
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