Question

Which of the following is a property of an indifference curve?

• A. It is convex to the origin
• B. The marginal rate of substitution is constant as you move along an indifference curve
• C. Marginal utility is constant as you move along an indifference curve
• D. Total utility is greatest where the $45$-degree line cuts the indifference curve

Answer 1

The correct option is A It is convex to the origin

Indifference curve is convex to the origin because of diminishing rate of marginal substitution. Hence, option A is correct.