Why is an indifference curve negatively sloped? Explain. - Vidyadip

Question

Why is an indifference curve negatively sloped? Explain.

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Answer

All points on an IC show the same level of utility from the consumption of the two goods, the consumer consumes. So, if the consumer consumes more of one good, he must reduce the consumption of the other good to keep total level of utility the same. This makes an IC negatively sloped.

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