Which of these is NOT a property of an indifference curve?
A) Indifference curves bow outward from the origin (they are concave).
B) Indifference curves cannot intersect one another.
C) Indifference curves slope downward as long as both goods are desirable.
D) All combinations of goods along an indifference curve give the same level of satisfaction.

Question

Quizplus · Accepted Answer

Indifference curves are typically convex to the origin, not concave. This means they bow inward towards the origin, reflecting the principle of diminishing marginal rate of substitution.

Which of These Is NOT a Property of an Indifference