MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Utility and Total Utility

Is the Indiff...

Question

Is the Indifference curve concave to the origin?

Open in App

Solution

No, the Indifference curve is convex to the origin as the consumer starts to prefer using one good more than another.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Indifference curve concave to the origin represents:

Q. If indifference curves is concave to the origin it would implies _____________.

Q. A concave indifference curve represents ________.

Q. Indifference curves are convex to the origin because of:

Q. Indifference curve is also referred to ______________.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Utility

ECONOMICS

Watch in App

explore_more_icon

Explore more

Utility and Total Utility

Standard XI Economics

Join BYJU'S Learning Program

CrossIcon