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Suppose a consumer views two goods, X and Y, as perfect complements. Her utility function is given by U = MIN [2X, Y]. Sketch the

Suppose a consumer views two goods, X and Y, as perfect complements. Her

utility function is given by U = MIN [2X, Y]. Sketch the graph of the consumers indifference

curve that goes through the bundle X = 5 and Y = 4. Put the amount of Y on the vertical axis,

and the amount of X on the horizontal axis. Which of the three assumptions that we made about consumer preferences is violated in this case?

How do you know which assumption is violated for this problem?

Could you explain to me what to look at in choosing which of the following: More is better, Completeness, or Transitivity assumptions is being violated.

thank you.

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