1.2 Draw an Edgeworth box like the one in Figure 20.2 but with only these details inside:...

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1.2 Draw an Edgeworth box like the one in Figure 20.2 but with only these details inside: the point V and budget line AB through V. Using indifference curves, depict the utility- maximizing choice for Abner. Now let the budget line rotate to CD, drawn to reflect a higher relative price of medical care. Again identify the utility- maximizing choice for Abner.

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