An indifference curve slopes down towards right since more of one commodity and less of another resu...........

Economics- Phase (I & II) Business Cycles

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An indifference curve slopes down towards right since more of one commodity and less of another result in

Same satisfaction

Greater satisfaction

Maximum satisfaction

Decreasing expenditure

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Explanation:

An indifference curve slopes down towards right since more of one commodity and less of another result in Same satisfaction.The indifference curve is drawn as a downward slope from left to right; in other words, it is negatively sloped. This is because as the consumer increases the consumption of a particular commodity (X), he or she must sacrifice units of the other commodity (Y) to maintain the same level of satisfaction