Why indifference curves are convex to origin? 1. Due to the constant market rate of exchange. 2. Due to the increasing marginal rate of substitution.…
CUET UG 2025 — Economics Micro
Why indifference curves are convex to origin?
- Due to the constant market rate of exchange.
- Due to the increasing marginal rate of substitution.
- Due to the constant marginal rate of substitution.
- Due to a diminishing marginal rate of substitution.
Held on 28 May 2025 · Verified 13 Jul 2026.
Options
- A
Due to the constant market rate of exchange.
- B
Due to the increasing marginal rate of substitution.
- C
Due to the constant marginal rate of substitution.
- D
Due to a diminishing marginal rate of substitution.
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