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Indifference curve slopes___________?
  • a)
    Downward to the right
  • b)
    Upward to the right
  • c)
    Upward to the left
  • d)
    Downward to the left
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Indifference curve slopes___________?a)Downward to the rightb)Upward t...
In order to increase the consumption of one good,other good must be sacrificed as utility level through out the indifference cure has to be same.Due to inverse relation between two goods indifference curve slopes downwards from left to right.
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Indifference curve slopes___________?a)Downward to the rightb)Upward to the rightc)Upward to the leftd)Downward to the leftCorrect answer is option 'A'. Can you explain this answer?
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