Economics · Consumer Behavior - Indifference Curves
Which of the following is NOT a property of a standard indifference curve?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A higher indifference curve represents a higher level of satisfaction
- 2Two indifference curves never intersect each other
- 3It is concave to the origin✓
- 4It is downward sloping from left to right
Correct answer
It is concave to the origin
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