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Lolly always ask for two scoops of ice cream on a waffle at her favourite cafe. Waffles cost R4 each, while the price of ice
Lolly always ask for two scoops of ice cream on a waffle at her favourite cafe. Waffles cost R4 each, while the price of ice cream is R1 per scoop. lolly has budget of R120 to spend on these two goods for the month. Describe the shape of indifference curves for waffles and ice cream and provide a reason for the shape?
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