Micro

Consumer Behaviour

Medium

Which of the following conditions of the indifference curve is violated when two indifference curves are intersecting each other?

The indifference curve slopes downward from left to right.

Higher indifference curve gives a higher level of satisfaction.

Marginal rate of substitution can not be calculated.

Slope of the indifference curve is positive.

✅ Correct Option: 2

If two indifference curves intersect, the intersection point lies on both curves, implying the same bundle yields two different satisfaction levels. This contradicts the property that a higher indifference curve represents a higher level of satisfaction, which is why indifference curves can never intersect.

2025: 3 June Shift 1

On the basis of given data above, the correct equation of price line will be.

2023: 29 May Shift 2

Elasticity of Demand is given by the formula.

2023: 30 May Shift 1

A good that is considered to be inferior to a consumer, may be observed as normal good to the another consumer. This is due to

2023: 20 June Shift 1

Car and petrol are the example of _________ goods .

2025: 21 May Shift 1

The equation of demand curve of a good for a consumer is given to be $p\times q = e$ where e is a constant. What will be the shape of the demand curve?

2025: 29 May Shift 2

The optimum bundle of the consumer is located at the point where..................?

Which of the following conditions of the indifference curve is violated when two indifference curves are intersecting each other?

Solution

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