In January 2025
Answer to Question #148634 in Microeconomics for Bushra
Explain logically
Why indifference curve of a rational consumer cannot be parallel to x axis and y axis?
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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