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Question

Slope of indifference curve.

A
Upward sloping
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B
Downward sloping
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C
Horizontal to x axis
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D
Vertical to y axis
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Solution

The correct option is D Downward sloping
The indifference curve is a combination of two goods which would give the consumer the same amount of utility. Every point on the indifference curve would be a point where the consumer is indifferent. The indifference curve is downward sloping because for the consumer to purchase of more of some good, it has to give up some of another good.

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