Which of the following statements are true for the Indifference Curve?

(A). A higher indifference curve gives a greater level of utility.
(B). The indifference curve slopes downwards from right to left.
(C). The indifference curve slopes downwards from left to right.
(D). Two indifference curves never intersect each other.

Choose the correct answer from the options given below:

(A), (C) and (D) only

The correct answer is Option (2) → (A), (C) and (D) only

(A). A higher indifference curve gives a greater level of utility. (True). This is true because a higher curve represents combinations with more of one or both goods, which implies higher satisfaction.
(B). The indifference curve slopes downwards from right to left. (False). Indifference curves slope downwards from left to right, not right to left.
(C). The indifference curve slopes downwards from left to right. (True). To maintain the same level of utility, if a consumer gets more of one good, they must give up some of the other, resulting in a downward slope from left to right.
(D). Two indifference curves never intersect each other. (True). This is true because each curve represents a different level of utility. If two curves intersect, it would imply inconsistent preferences, which is not possible.