CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which of the following is not a characteristic of indifference curves?

A
Downward sloping to the right
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Non-intersecting
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Concave to the origin
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
Convex to the origin
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is D Concave to the origin
Indifference curves are convex.
This means the are downward sloping. Indifference curves will only be concave if the good are inferior.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Convexity and Concavity
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon