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Question
Indifference curves are ______.
Options
Concave to the origin
Convex to the origin
Upward sloping straight line passing from the origin
None of these
MCQ
Fill in the Blanks
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Solution
Indifference curves are Convex to the origin.
Explanation:
Indifference curves are generally convex to the origin because MRS diminishes along the curve. They slope downwards rather than being upward-sloping straight lines.
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