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| Q. |
Which one of the following not a feature of Indifference Curve? |
| A. | They do not intersect each other |
| B. | They slope downwards to the right |
| C. | They are parallel to each other |
| D. | They are concave to each other |
| Answer» D. They are concave to each other | |
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Explanation: Indifference curves are usually convex to the on-gin. In In other words, the indifference curve is relatively flatter in its right- hand portion and relatively steeper in its left- hand portion. The degree of convexity of anindifference curve depends on the rate of fall in the marginal rate of substitution. |
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