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Why does an indifference curve slope downwards?

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प्रश्न

Why does an indifference curve slope downwards?

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उत्तर

An Indifference curve slopes downwards because increase in units of one good requires decrease in the number of units of another good to maintain the same level of satisfaction.

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पाठ 2: Consumer's Equilibrium - OBJECTIVE QUESTIONS [पृष्ठ २.५५]

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संदीप गर्ग Introductory Microeconomics [English] Class 11
पाठ 2 Consumer's Equilibrium
OBJECTIVE QUESTIONS | Q 21. | पृष्ठ २.५५
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