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Commerce Short Question | Gkseries

Q.

Which one of the following is not the basic property of indifference curves ?

[A] Negative slope
[B] Indifference curves of two imperfect substitutes are concave to the point of origin
[C] The indifference curves do not intersect nor are they tangent to one another
[D] Upper indifference curves indicate a higher levels of satisfaction
Answer & Explanation

Answer: Indifference curves of two imperfect substitutes are concave to the point of origin

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