Question

Indifference curves close to the origin are ________ those farther from the origin because of ________. Group of answer choices better than; transitivity worse than; nonsatiation better than; completeness worse than; transitivity.

Answer 1

Answer:

Worse than: nonsation

Explanation:

Indifference Curve is a type of curve that depicts all possible combinations of goods that gives the same satisfaction to consumer with the same as well as the same utility.

Indifference curves are also convex to the origin. That is they are bowed inward toward the origin.