Which of the following is not the property of indifference curve:
A. Higher the indifference curves higher the level of satisfaction
B. Indifference curve is downward sloping
C. Indifference curve is concave to origin
D. Two indifference curves cannot intersect each other
Answer:C
Which of the following is not the property of indifference curve:
A. Higher the indifference curves higher the level of satisfaction B. Indifference curve is downward sloping C. Indifference curve is concave to origin D. Two indifference curves cannot intersect each other