# Characteristics of Indifference Curve?

Some characteristics of an indifference curve include a lack of intersection and being convex near the origin. A negative slope is another characteristic. Utility maximization is another important subject matter regarding the curves.
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 indifferent curves are convex to their origin, they do not intersect, and have a negative slope. http://wiki.answers.com/Q/What_are_characteristics...
 Points on the same indifference curves correspond to equally preferred bundles of goods. No two distinct indifference curves can cross. Over some region, having more goods is preferred http://answers.yahoo.com/question/index?qid=201008...
 In economics, indifference curves are graphical representations of consumer preferences for a bundle of two goods, subject to income constraints. Any single point on an indifference http://www.ehow.com/facts_5954657_can_t-indifferen...
 In economics, a graph of the various levels of utility achieved at different prices through buying two commodities, for example, magazines and paperback books. It is possible to imagine http://www.answers.com/topic/indifference-curve
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1) Concave down. 2) Always decreasing. 3) Represents a fixed utility value (and therefore can never intersect another indifference curve) 4) Is considered equally ...
The indifference curve is convex to origin due to the substitution of commodity x for commodity y. Indifference curves are convex to the origin if MRS exists. ...
The shape of the indifference curve resembles a slanting L-shape. It is used in graphs depicting good undesired by the consumer. This curve is usually used to ...