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Question 1: indifference curves For each of the following individuals, draw a set of indifference curves that represents the individual's preferences for two goods. Indicate
Question 1: indifference curves For each of the following individuals, draw a set of indifference curves that represents the individual's preferences for two goods. Indicate the direction in which the individual's utility is increasing. Make sure to label your axes. a) Elsa loves chocolate and is indifferent towards salad. If she is served salad, she will eat it to be polite, but her utility would neither increase nor decrease from it. b) Anna loves both pizza and burgers. For both pizza and burgers, Anna's marginal utility increases with each additional unit she consumes. c) Kristoff loves pasta, but he knows his limit when it comes to sushi. He likes sushi up to a point, but if he eats too much of it, he gets sick, and his utility will decrease. d) Olaf loves burritos with hot sauce. In fact, he cannot enjoy a burrito (B) unless it has three servings of hot sauce (H). He gets no additional enjoyment from more than 3 servings of hot sauce per burrito
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