Consider the following statements about indifference curves:1. Indifference curves are convex to the origin.2. Higher indifference curve represents higher level of satisfaction.3. Two indifference curves cut each other.Which of the statements given above is/are correct?

Consider the following statements about indifference curves:1. Indiffe

1.	Consider the following statements about indifference curves:1. Indifference curves are convex to the origin.2. Higher indifference curve represents higher level of satisfaction.3. Two indifference curves cut each other.Which of the statements given above is/are correct?
A.	1 only
B.	1 and 2
C.	2 and 3
D.	3 only
Answer» C. 2 and 3