Q.What are the properties of Indifference curve ?

An indifference curve is downward-sloping, convex to the origin, never intersects another curve, never touches the axes, and a higher curve means more satisfaction.

In the Tamil Nadu HSC Class-11 Economics syllabus, the properties of an indifference curve are:

• Negative slope (downward sloping) — to keep satisfaction constant, the consumer must give up some units of one good to get more of the other; hence the curve slopes downward from left to right.
• Convex to the origin — the curve bulges towards the origin because the marginal rate of substitution (MRS) diminishes: as the consumer gets more of one good, they are willing to give up less and less of the other.
• Higher curve = higher satisfaction — a combination on a higher indifference curve contains more of at least one good, so it yields greater total satisfaction. …