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10. Deriving demand from an Indifference mapBeth recently moved to San Dlego, where they developed a taste for drinking Americanos and eating danishes. Assume throughout
10. Deriving demand from an Indifference mapBeth recently moved to San Dlego, where they developed a taste for drinking Americanos and eating danishes. Assume throughout this problem thatthe price of an Americano is held constant at $4.On the following graph, the purple curves (I, and /a) describe two of Beth's Indifference curves. The lines BC and By represent two budgetconstraints. Points X and Y show Beth's optimal consumption bundles subject to the budget constralnts.
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