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Question

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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