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Alyssa enjoys both beer and cookies. Assume that the more is better principle holds for Alyssa, meaning that she would always prefer to consume more
Alyssa enjoys both beer and cookies. Assume that the "more is better" principle holds for Alyssa, meaning that she would always prefer to consume more of either good, holding the level of consumption of the other good constant.
The two figures below present information regarding Alyssa's preferences. The points on Figure represent combinations of cookies and beer that Alyssa might choose to consume. Figure plots the same points as Figure but it also shows some of Alyssa's indifference curves: and Thus, Figure gives more insight into Alyssa's preferences than Figure
Figure
COOKIES Packaqes
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