Question
This question is about Tony's consumption between 7 PM and 11 PM next week Sunday. It is assumed that the only food and drink he
This question is about Tony's consumption between 7 PM and 11 PM next week Sunday. It is assumed that the only food and drink he is allowed to consume during this time are soda and chips. Make, in one diagram, three indifference curves as accurate as possible for soda (in deciliters) and chips (in hg). Curve 1 shall show combinations of soda and chips that make him a little bit satisfied. Curve 2 shall show combinations of soda and chips that make him medium satisfied. Curve 3 shall show combinations of soda and chips that make him very satisfied. Also show, in the same diagram, the budget line if he has 40 kr, soda cost 10 kr/dl, and chips cost 20 kr/hg.
Where do you need me to edit. This is how I saw the question. There is no table attached.
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