1.

Which one of the following is not the basic property of indifference curves ?

A. Indifference curves have a negative slope.
B. Indifference curves of imperfect substitutes are concave to the origin.
C. Indifference curves do not intersect nor are they tangent to one another.
D. Upper indifference curves indicate higher level of satisfaction.
Answer» C. Indifference curves do not intersect nor are they tangent to one another.


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