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What happense when ic slops downwards |
Answer» \xa0Indifference Curve Slopes Downwards :\xa0This property implies that to increase the consumption of X good, the consumer has to reduce the consumption of Y good, so as to remain at the same level of satisfaction as shown in the given diagram:To increase the quantity of X good from OX toOX1, the consumer has to reduce the quantity of good Y from OY to OY1. | |