Community indifference curves are __________________ sloped and _____________ to the origin.
A)positively,concave
B)negatively,convex
C)positively,convex
D)negatively,concave

Question

Quizplus · Accepted Answer

Community indifference curves are negatively sloped, indicating that as the quantity of one good increases, the quantity of another good must decrease to maintain the same level of utility. They are convex to the origin, reflecting the principle of diminishing marginal rate of substitution.

Community Indifference Curves Are __________________ Sloped and _____________ to the Origin

Community Indifference Curves Are ______ Sloped and _ to the Origin