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Economics (AS & A Level) · Oct / Nov 2024 · Paper 31 · Question 2

9708Indifference curves and budget lines

What is a characteristic of an indifference curve?

  1. AIt will remain concave to the origin of the diagram.
  2. BIt will remain convex to the origin of the diagram.
  3. CIt can intersect other indifference curves at any point.
  4. DThe lower the indifference curve, the greater the satisfaction attainable.

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Correct answer: B. It will remain convex to the origin of the diagram.

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