wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

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

A
Downward sloping to the right
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Convex to the origin
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Intersection at one point
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
None of the above
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A Intersection at one point

Indifference curve can never intersect each other. The two indifference curves cannot represent the same level of satisfaction they cannot intersect each other. It means only one indifference curve will pass through a given point on the indifference map. Thus two indifference curves cannot intersect at one point.


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