All of the following are properties of indifference curves except
A) higher indifference curves are preferred to lower ones.
B) indifference curves are downward sloping.
C) indifference curves do not cross.
D) indifference curves are bowed outward.

Question

Quizplus · Accepted Answer

The other three properties are true for indifference curves, but the shape of the curve (whether it is bowed inward or outward) is not a universal property and can vary depending on the preferences of the individual or the nature of the goods being considered.

All of the Following Are Properties of Indifference Curves Except