All of the following are properties of typical indifference curves except
A)higher indifference curves are preferred to lower ones.
B)indifference curves do not cross.
C)indifference curves are bowed inward.
D)indifference curves are upward sloping.

Question

Quizplus · Accepted Answer

Indifference curves are downward sloping, not upward sloping. This is because they represent combinations of two goods that provide the same level of utility to the consumer. As you move along an indifference curve and consume more of one good, you must consume less of the other good to maintain the same level of utility, hence the downward slope.

All of the Following Are Properties of Typical Indifference Curves