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Standard XI
Business Studies
Vertical Integration and Horizontal Integration
Which of the ...
Question
Which of the following is not the property of indifference curves?
A
Higher the indifference curves, the higher is the level of satisfaction.
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B
Indifference curves are downward sloping.
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C
Indifference curves are concave in origin.
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D
Two indifference curves cannot intersect each other.
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Solution
The correct option is
C
Indifference curves are concave in origin.
Indifference curves slope downward from left to right, and are convex in origin.
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