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Explain Why an Indifference Curve is Downward Sloping from Left to Right. - Economics

Explain why an indifference curve is downward sloping from left to right.

Explain why is an indifference curve is Downward-sloping

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Solution

The indifference curves slope downwards because an increase in the amount of Good 1 along the indifference curve is associated with a decrease in the amount of Good 2, as the preferences are monotonic.

Concept: Indifference Curve
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