‘Higher the indifference curve higher will be level of satisfaction’. The statement is

Related MCQs

• The slope of indifference curve is equal to:
• Why is indifference curve convex to origin?
• Which of the following is not the property of indifference curve:
• An indifference curve is related to:
• Indifference curve is always
• In case of a convex indifference curve
• “Utility or satisfaction is a subjective concept; therefore it could only be ranked”. The statement supports
• The marginal utility curve of income curve is a straight line for
• In case of normal goods, demand curve shows:
• Engel curve for giffen good is