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The question is in the picture 1. (20 points) Indifference Curves For this problem you'll have to draw indifference curves for different types of consumers

The question is in the picture

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1. (20 points) Indifference Curves For this problem you'll have to draw indifference curves for different types of consumers and goods. Please draw the indifference curves for each question on separate graphs and label them correctly. Some items require you to also provide an explanation, don't forget to do so!(c) (5 points) Mr. Aquino is lactose intolerant and drinking milk makes him sick. Draw an indifference curve for Mr. Aquino when the only two drink alternatives are Milk (vertical axis) and Orange Juice (horizontal axis). Identify the region in which Mr. Aquino is better-off and the region in which Mr. Aquino is worse-off

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