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Theory Of Consumer Behaviour
Question
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Which of the following is not a characteristic of an indifference curve:

  • Indifference Curve is convex to the origin.

  • Higher Indifference Curve indicates higher level of satisfaction.

  • Indifference Curve do not intersect each other.

  • Indifference Curve is concave to the origin.

Answer

A.

Indifference Curve is convex to the origin.

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