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1 (25 Points) Draw the indifference curve diagrams for the utility functions listed below. Plot x on the horizontal axis and y on the vertical
1 (25 Points) Draw the indifference curve diagrams for the utility functions listed below. Plot x on the horizontal axis and y on the vertical axis. In each diagram, draw at least two indifference curves and show in which direction utility is increasing. a. U = x/y b. U min(2x, 3y) c. U =2x+4y d. U = x + y
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