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3. Draw indifference curves for the following people. State which, if any, of the assump- tions of choice are violated. (a) John says: I get

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3. Draw indifference curves for the following people. State which, if any, of the assump- tions of choice are violated. (a) John says: "I get no satisfaction from 1 ounce of vermouth or 3 ounces of gin, but 1 ounce of vermouth and 3 ounces of gin (a very large martini) really turns me on." "2 ounces of vermouth with 3 ounces of gin doesn't make me any happier, nor does 4 ounces of gin with 1 ounce of vermouth. "And what I really like is having 2 ounces of vermouth with 6 ounces of gin!" (b) Mary says: "I could not care less if it is Coors or Budweiser, more beer is preferred to less." (c) Steve says: "I will not cut my hair to please my boss unless she pays me. My price is $300 plus $1 for every - inch of hair that is cut. In other word, for every $1 above $300 that the boss pays me, I will cut - inch off my hair." (d) Ann says: "I enjoy beer and pretzels, but after 12 beers, any additional beer makes me sick."

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