1.1. The accompanying table shows Samantha’s preferences for consumption bundles composed of chocolate kisses and licorice drops.

a. With chocolate kisses on the horizontal axis and licorice drops on the vertical axis, draw hypothetical indifference curves for Samantha and locate the bundles on the curves.

Assume that both items are ordinary goods.

b. Suppose you don’t know the number of utils provided by each bundle. Assuming that more is better, predict Samantha’s ranking of each of the four bundles to the extent possible.

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Quantity of Quantity of Consumption bundle chocolate licorice Total utility kisses drops (utils) A 1 3 6 B 2 3 10 C D 32 3 1 6 2 1 4