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Answer:
Characteristics of Indifference Curves
Indifference curves slop downward to the right. ...
Every indifference curve to the right represents a higher level of satisfaction. ...
Indifference curves cannot intersect each other. ...
Indifference curve will not touch the axis. ...
Indifference curves are convex to the origin.
Explanation:
The four properties of indifference curves are: (1) indifference curves can never cross, (2) the farther out an indifference curve lies, the higher the utility it indicates, (3) indifference curves always slope downwards, and (4) indifference curves are convex.
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