=+consuming soda. But she gets no utility from consuming water: any more, or any less, water leaves

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=+consuming soda. But she gets no utility from consuming water: any more, or any less, water leaves her total utility level unchanged. Be sure to label the axes of your diagram. Place water on the horizontal axis and soda on the vertical axis. 2. Use the four properties of indifference curves for ordinary goods illustrated in Figure 10A~< to answer the following questions.

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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