Which one of the following not a feature of Indifference Curve? (1) They do not intersect each other (2) They slope downwards to the right (3) They are parallel to each other (4) They are concave to each other
(4) They are concave to each other Explanation: Indifference curves are usually convex to the on-gin. In In other words, the indifference curve is relatively flatter in its righthand portion and relatively steeper in its lefthand portion. The degree of convexity of an indifference curve depends on the rate of fall in the marginal rate of substitution.