Indifference curves cannot be concave to the origin because the satisfaction consumers get from consuming additional units of a good declines.

Question

Quizplus · Accepted Answer

Indifference curves are typically convex to the origin due to the principle of diminishing marginal rate of substitution, which reflects the decreasing additional satisfaction from consuming more of one good while giving up another.

Indifference Curves Cannot Be Concave to the Origin Because the Satisfaction