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a) Ted has preferences fortwo goods: cookies, and motivational posters. Let cookies be on the horizontal (x) axis, and draw motivational posters on the vertical

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a) Ted has preferences fortwo goods: cookies, and motivational posters. Let cookies be on the horizontal (x) axis, and draw motivational posters on the vertical (y) axis. Plot and label the following bundles. A {9 cookies, 1 motivational poster) B (3 cookies, T motivational posters) C {4 cookies, 0 motivational posters) D (6 cookies, 8 motivational posters) E (5 cookies, 5 motivational posters) 11) Ted's preferences satisfy assumptions 1 through 4 of rational preferences as discussed in class. and he is indifferent between point A and point B. Draw indifference curves through the consumption bundles you drew in part a). c) List all five bundles in descending order of preference, using (3*) to denote strict preference and (~) to denote indifference. For each relationship, write down which preference assumptions lead to this relationship

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