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Which one of the following is not a feature of Indifference Curve?
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- They do not intersect each other
- They slope downwards to the right
- They are parallel to each other
- They are concave to each other
- They do not intersect each other
Correct Option: D
Indifference curves are usually convex to the origin. In other words, the indifference curve is relatively flatter in its right-hand portion and relatively steeper in its left-hand portion. The degree of convexity of an indifference curve depends on the rate of fall in the marginal rate of substitution.
