Re: INDIFFERENCE CURVE DOUBT
Posted by sanjana26 on Jun 15, 2013; 8:43pm
URL: http://discussion-forum.276.s1.nabble.com/INDIFFERENCE-CURVE-DOUBT-tp7582299p7582373.html
ok I think in second part what u r saying is correct only if neutral good is taken on the y axis.
tanya if both gooda are bads then our preference direction is south-west..our bliss point is in south west direction..
in this case we have upward sloping concave ICs .