Question

Which of these is/are properties of an indifference curve?

• A. Never cross each other
• B. Convex to origin
• C. Higher indifference curve shows higher level of satisfaction
• D. All of the above

Answer 1

The correct option is D All of the above

There are a number of properties and assumptions which are taken into account when applying the indifference curve analysis. It is because of these properties we are able to use the indifference curve in a productive manner.