1. Determine whether each of the following statements are "true" or "false".
2. (a)Indifference curves may sometimes intersect.
3. (b)If bundles of goods A and B lie on the same indifference curve, one can assume the individual enjoys bundles A and B equally.
4. (c)If bundles of goods A and B lie on the same indifference curve, one can assume the individual bundle A contains the same goods as bundle B.
5. (d)U(x,y)= 4x + 2y For this utility function, the MRS is always 2.
6. (e)U(x,y)= min (x, 2y) For this utility function, the MRS is always 2.