Business
Business, 22.09.2020 14:01, alexismurcia550

Draw indifference curves that represent the following individuals preferences for soft drinks and hamburgers. (If and only if you are over 21, the soft drinks in this problem may be replaced by beer.) Put hamburgers on the Y axis. a. Jane loves hamburgers and dislikes soft drinks. If she is served a soft drink, she will pour it down the drain rather than drink it. (Free disposability)
b. Bob loves soft drinks and dislikes hamburgers. If he is served hamburgers, he will eat them to be polite. (No free disposability)
c. Molly loves hamburgers and soft drinks, but insists on consuming exactly one soft drink for every two hamburgers that she eats.
d. Bill likes hamburgers, but neither likes nor dislikes soft drinks.
e. Mary always gets twice as much satisfaction from an extra hamburger as she does from an extra soft drink.

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Draw indifference curves that represent the following individuals preferences for soft drinks and ha...

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