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Which of these is not a property of indifference curve?

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Question

Which of these is not a property of indifference curve?

Options

  • Indifference curve slopes downwards

  • Indifference curve is concave to the origin

  • Two indifference curves cannot intersect each other

  • Higher indifference curve represents higher level of satisfaction

MCQ
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Solution

Indifference curve is concave to the origin

Explanation:

Indifference curves are convex to the origin because of diminishing MRS, not concave. The other options describe standard properties of indifference curves.

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Chapter 2: Consumer's Equilibrium - OBJECTIVE QUESTIONS [Page 2.45]

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Sandeep Garg Introductory Microeconomics [English] Class 11
Chapter 2 Consumer's Equilibrium
OBJECTIVE QUESTIONS | Q 1. | Page 2.45
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