Which of the following is not correct ? Normally, an indifference curve —

CS CSEET · Business Economics & Fundamentals of Accounting and Auditing · PYQS · December 2013
Which of the following is not correct ? Normally, an indifference curve —
(A) Slopes downwards from left to right
(B) Does not have a concave shape
(C) Can touch any other indifference curve
(D) Can cut through a budget line.

Answer & Explanation:

Correct Answer: Option (C)

Correct answer: (C) Can touch any other indifference curve.

Topics: Business Economics

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