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Question is shown below either good, holding the consumption of the other good constant. Andrew likes both soda and milk. Assume that the more is

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either good, holding the consumption of the other good constant. Andrew likes both soda and milk. Assume that the "more is better" principle applies to Andrew; that is, he would always prefer to consume more of 1. The points on Figure 1 represent combinations of milk and soda that Andrew might choose to consume. Figure 2 shows the same points as Figure 1, but it also shows some of Andrew's indifference curves: /1 , 12 , and 13 . These curves show more information about Andrew's preferences than Figure (?) Figure 1 Figure 2 O A SODA (Cans) OD CO O BOG SODA (Cans) C F B G MILK (Glasses) MILK (Glasses)MILK (Glasses) MILK (Glasses) Complete the following table by indicating which bundles Andrew strictly prefers to H given only the information in each figure. Information Given By... A B C D E F G Figure 1 O O 0 0 O Figure 2 O Indicate whether each of the following statements is true or false given the graphs. Statement True False Figure 1 indicates that Andrew is indifferent among bundles C and bundles B. Figure 2 indicates that Andrew prefers bundle C to bundle B. O O

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