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Steven consumes good 1 and good 2. He prefers more of each good to less and also has convex preferences. Suppose that we draw his
Steven consumes good 1 and good 2. He prefers more of each good to less and also has convex preferences. Suppose that we draw his indifference curves with good 1 on the horizontal axis and good 2 on the vertical axis. Suppose that bundles (10, 2) and (2, 10) are on the same indifference curve. Then bundle (6, 6) is (more, orless) preferred to those bundles.
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