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Answer to Question #148634 in Microeconomics for Bushra

Question #148634

Explain logically

Why indifference curve of a rational consumer cannot be parallel to x axis and y axis?


1
Expert's answer
2020-12-06T18:10:44-0500

The slope of an indifference curve is negative, downward sloping, and from left to right. It means that the consumer to be indifferent to all the combinations on an indifference curve must leave less units of good Y in order to have more of good X.


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