Re: INDIFFERENCE CURVE DOUBT

Posted by laracroft on Jun 14, 2013; 9:38am
URL: http://discussion-forum.276.s1.nabble.com/INDIFFERENCE-CURVE-DOUBT-tp7582299p7582320.html

1) concave downward sloping ICs
2)concert is neutral good so if u take concert in x axis and movies o. Y axis then u get vertical ICs where IC on right has higher utility than previous IC .
3)concave upward sloping ICs whee utility rises with more movies on x axis and less concerts on y axis

Hope that helps Tanya :) :)

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