*4. Draw two indifference curves for each of the following pairs of goods. Put the quantity of...
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*4. Draw two indifference curves for each of the following pairs of goods. Put the quantity of the first good on the horizontal axis and the quantity of the second good on the vertical axis.
a. Paul likes pencils and pens.
b. Rhonda likes carrots and dislikes broccoli.
c. Emily likes hip‐hop iTunes downloads and doesn’t care about heavy metal downloads.
d. Michael only likes dress shirts and cufflinks in 1 to 2 proportions.
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Related Book For
Microeconomics
ISBN: 9780716759751
1st Edition
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
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