All Courses
Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity Get the App Login Join for Free
Sign in Open App
Commerce Exam  >  Commerce Questions  >  Which of the following curve has a negative s... Start Learning for Free
Which of the following curve has a negative slope and cannot interest each other?
  • a)
    None of above
  • b)
    Indifference curves
  • c)
    Demand and supply curves
  • d)
    Isoquants
Correct answer is option 'B'. Can you explain this answer?
Clear all your Commerce doubts with EduRev
Verified Answer
Which of the following curve has a negative slope and cannot interest ...
IC slopes downward because as the consumer increases the consumption of one commodity, he has to give up certain units of other commodity in order to maintain the same level of satisfaction.
two indifference curves represent two different levels of satisfaction. If these indifference curves intersect each other, the intersection will represent same level of satisfaction, which is impossible.
View all questions of this test
Most Upvoted Answer
Which of the following curve has a negative slope and cannot interest ...
IC slopes downward because as the consumer increases the consumption of one commodity, he has to give up certain units of other commodity in order to maintain the same level of satisfaction.
two indifference curves represent two different levels of satisfaction. If these indifference curves intersect each other, the intersection will represent same level of satisfaction, which is impossible.
Free Test
FREE
Start Free Test
Start Free Test
Community Answer
Which of the following curve has a negative slope and cannot interest ...
Because. It is the properties of indifference curve that it can't intersect to each other..... Because it can't give same level of satisfaction
Explore Courses for Commerce exam

Similar Commerce Doubts

Read the following passage and answer the question that follows:The ordinalist revolution originates in the criticism of the psychological foundations of the theory of demand, namely, the principle of decreasing marginal utility as Alfred Marshall ([1890] 1898) used it. The rejection of hedonist hypotheses led Irving Fisher (1892) and Pareto (1896–97, 1900, 1909) to favour an objective or “positive” approach to economic concepts.The “ordinalist revolution” (Ormazabal 1995, 116) is grounded in a methodological transformation of economics that put the facts of objective experience as a foundation of economics and provided a research program for the ensuing years (Green and Moss 1993; Lewin 1996). Mathematically, ordinalism is entirely based upon the idea that one can dispense with the use of a specific utility function and that no meaning shall be attached to utility measurement, except as an ordinal principle.Clearly, the development of ordinalist must be separated from the introduction of the concept of the indifference curve. Ordinalism was first advocated in Fisher’s “Mathematical Investigations” (1892) and Pareto’s Suunto (1900) and Manual ([1909] 1971), while the indifference curve had appeared in F. Y. Edge worth’s Mathematical Psychics (1881). It was thus only through Fisher’s and Pareto’s recasting that the concept of the indifference curve became irreversibly associated with the promotion of ordinalism.Along the way, the recasting of the theory of choice along ordinalist lines raised a number of issues (about integrability, measurability, and complementarity) that would be progressively settled. A reasonable closing date for the ordinalist revolution is 1950, after Houthakker (1950) and Samuelson’s (1950) contributions.From the late 1920s, the Paretian school was progressively gaining a larger audience while the use of the concept of marginal utility and other derivative concepts was challenged. Consequently, demand theory was recast along the principlesof individual preferences and ordinal utility functions. Nevertheless, English authors proved very silent about the meaning of indifference curves. Most if not all of the reflections after 1920 about the nature of indifference curves took place in America, mainly under the impulse of Henry Schultz at Chicago. This is an American story.Q. ______ is a curve showing a different combination of two goods, each combination offering the same level of satisfaction to the consumer.

Top Courses for CommerceView all

Top Courses for Commerce

Which of the following curve has a negative slope and cannot interest each other?a)None of aboveb)Indifference curvesc)Demand and supply curvesd)IsoquantsCorrect answer is option 'B'. Can you explain this answer?
Question Description
Which of the following curve has a negative slope and cannot interest each other?a)None of aboveb)Indifference curvesc)Demand and supply curvesd)IsoquantsCorrect answer is option 'B'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Which of the following curve has a negative slope and cannot interest each other?a)None of aboveb)Indifference curvesc)Demand and supply curvesd)IsoquantsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following curve has a negative slope and cannot interest each other?a)None of aboveb)Indifference curvesc)Demand and supply curvesd)IsoquantsCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Which of the following curve has a negative slope and cannot interest each other?a)None of aboveb)Indifference curvesc)Demand and supply curvesd)IsoquantsCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Which of the following curve has a negative slope and cannot interest each other?a)None of aboveb)Indifference curvesc)Demand and supply curvesd)IsoquantsCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Which of the following curve has a negative slope and cannot interest each other?a)None of aboveb)Indifference curvesc)Demand and supply curvesd)IsoquantsCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Which of the following curve has a negative slope and cannot interest each other?a)None of aboveb)Indifference curvesc)Demand and supply curvesd)IsoquantsCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Which of the following curve has a negative slope and cannot interest each other?a)None of aboveb)Indifference curvesc)Demand and supply curvesd)IsoquantsCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Which of the following curve has a negative slope and cannot interest each other?a)None of aboveb)Indifference curvesc)Demand and supply curvesd)IsoquantsCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses
SaveJoin the Discussion on the App for FREE
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev
Get App
© EduRev
Education Revolution
Signup to see your scores go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup