=+optimal? Illustrate an optimal choice in your diagram. 9. Sabine cant tell the difference between Coke and

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=+optimal? Illustrate an optimal choice in your diagram. 9. Sabine can’t tell the difference between Coke and Pepsi—the two taste exactly the same to her.

a. What is Sabine’s marginal rate of substitution of Coke in place of Pepsi?

b. Draw a few of Sabine’s indifference curves for Coke and Pepsi. Place Coke on the horizontal axis and Pepsi on the vertical axis.

c. Sabine has

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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Question Posted: Oct 03, 2024 04:04 AM

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=+optimal? Illustrate an optimal choice in your diagram. 9. Sabine cant tell the difference between Coke and

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