Question
Allyson has preferences for bread (D) and Soft drink (S) given by: Utility = square root(1.618 * D * S) Allyson wishes to generate K
Allyson has preferences for bread (D) and Soft drink (S) given by: Utility = square root(1.618 * D * S) Allyson wishes to generate K utils from the consumption of bread and soft drink over the next month. Select a value for K between [26 - 129] and generate the seven (7) values of bread that will grant Allyson exactly K utils when paired with Soft drink for the following Soft drink values: 1, 2 3, 5, 10, 15 and 20. Graph this indifference curve with Soft drink on the Xaxis. (NB: The graph does not necessarily have to be drawn to scale, however, the exact value for each point should be given to 2 decimal places).
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