Consider two goods food (f) and water (w). Measure the amount of

food on the horizontal axis in your graphs for following. If w w0, Ann only cares

about the amount of water that she consumes (more is better) and she is indierent

to food. If w > w0, Ann only cares about the amount of food that she consumes

(more is better), she is indierent to water, and these bundles are all preferred to

those with w w0.

1. Show some indierence curves (at least seven), all with plausible utility num-

bers, in a graph that accurately expresses Ann's preferences. Make sure that

your graph shows very clearly what is happening with the indierence curves

when w = w0, and for bundles in the neighborhood of w = w0.