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Fenny loves cape town shady, which she makes by combining one glass of oshikandela and two scoops of ice cream. Johnny is on diet that
Fenny loves cape town shady, which she makes by combining one glass of oshikandela and two scoops of ice cream. Johnny is on diet that assigns points to food and drinks. one glass of oshikandela is one point and one scoop of ice cream is one point. she can consume any combination of oshikandela and ice cream as long as the total number of points is two.
- what kind of goods are oshikandela and ice cream for Fenny? show her indifference curve s on a graph.
- what kind of goods are oshikandela and ice cream for Fenny? show her indifference curves on a graph.
- define and illustrate mathematically the consumer problem.
- with the aid of a diagram explain the consumer equilibrium.
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