Indifference Curve | Properties of indifference curve | Cardinal Utility Approach | Microeconomics
Management Notes
- An IC slopes downward from left to right.
- An IC is convex to the origin.
- ICs never intersect each other.
- Higher the indifference curve,higher will be level of satisfaction.
(Founder of Management Notes)
MBA,BBA.
I am Smirti Bam, an enthusiastic edu blogger with a passion for sharing insights into the dynamic world of business and management through this website.
I hold a MBA degree from Presidential Business School, Kathmandu, and a BBA degree with a specialization in Finance from Apex College,
MBA,BBA.
I am Smirti Bam, an enthusiastic edu blogger with a passion for sharing insights into the dynamic world of business and management through this website.
I hold a MBA degree from Presidential Business School, Kathmandu, and a BBA degree with a specialization in Finance from Apex College,
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