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A typical indifference curve is downwards sloping convex curve because as we move downwards along the indifference curve, the slope of the curve |
Answer» <html><body><p>Decreases<br/><a href="https://interviewquestions.tuteehub.com/tag/increases-1040626" style="font-weight:bold;" target="_blank" title="Click to know more about INCREASES">INCREASES</a><br/>Unchanged <br/><a href="https://interviewquestions.tuteehub.com/tag/initially-516121" style="font-weight:bold;" target="_blank" title="Click to know more about INITIALLY">INITIALLY</a> increases, then decreases</p>Answer :A</body></html> | |