Which of the following statements is incorrect regarding the typical characteristics of indifference curves?

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Indifference curves slope downward from left to right.Indifference curves curve outward away from the origin.Indifference curves never intersect each other.A higher indifference curve represents a more preferred bundle than a lower one.Indifference curves represent combinations of goods yielding the same satisfaction.

Explanation

Indifference curves generally slope downward, indicating a trade-off between goods. They are convex to the origin (bowed inward), not outward. Indifference curves do not cross because each curve represents a different level of utility. Higher curves correspond to higher satisfaction levels.