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Draw Indifference curves showing the following preferences:Which axioms of consumer preferences are violated by these preferences? 1.Addictive goods 2.Redundant goods 3.2 bads (air pollution and
Draw Indifference curves showing the following preferences:Which axioms of consumer preferences are violated by these preferences?
1.Addictive goods
2.Redundant goods
3.2 bads (air pollution and trash)
4.1 bad and one good (apples and trash)
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