Explanation:

Indifference curve is a graphical representation of all the combinations of two goods that give equal satisfaction or utility to a consumer. It shows the various combinations of two goods that a consumer can choose from to get the same level of satisfaction or utility.

Sloping down towards right:

The indifference curve slopes down towards the right because of the following reasons:

1. The law of diminishing marginal rate of substitution: The slope of an indifference curve represents the marginal rate of substitution (MRS), which is the rate at which a consumer is willing to exchange one good for another while keeping the level of satisfaction constant. The law of diminishing marginal rate of substitution states that as a consumer consumes more and more of a good, the marginal utility of that good starts decreasing, and the consumer is willing to give up fewer units of the other good to get an additional unit of the first good. As a result, the slope of the indifference curve becomes flatter as we move down along the curve.

2. Constant level of satisfaction: The slope of an indifference curve represents the rate at which a consumer is willing to exchange one good for another while keeping the level of satisfaction constant. Since the indifference curve represents all the combinations of two goods that give equal satisfaction to a consumer, a consumer is indifferent between any two points on the same indifference curve. Therefore, the slope of the indifference curve is constant along any given curve.

Conclusion:

Hence, we can conclude that the indifference curve slopes down towards the right because it represents the trade-offs that a consumer is willing to make between two goods while keeping the level of satisfaction constant.