It is the property of indifference curves that they are always:

Convex to the origin

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Concave to the origin

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Straight line

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None of the above

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Solution

The correct option is A Convex to the origin
IC are convex to the origin because they follow the law of $D M R S_{x y}$ (Diminishing marginal rate of substitution).

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Why is an indifference curve convex towards the origin? Explain.

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