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Draw indifference curves that represent the following individuals' preferences for hamburgers and soft drinks. Indicate the direction in which the individuals' satisfaction (or utility) is
Draw indifference curves that represent the following individuals' preferences for
hamburgers and soft drinks. Indicate the direction in which the individuals' satisfaction
(or utility) is increasing.
a. Joe has convex indifference curves and dislikes both hamburgers and soft
drinks.
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