a. "Rajoo only eats vegetables. He does not derive any utility by consuming meat. In other words, Rajoo's satisfaction is only driven by consuming vegetables." b. "Ali always eats durians with warm water in fixed proportions to avoid getting sorethroat: each piece of durian must be eaten together with two glasses of warm water. Apart from this ratio, Ali's utility does not change."

Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter6: Consumer Choice And Demand
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microeconomic

 

Sketch several indifference curves showing the following consumer choices. Please ensure
you label all axis completely and show the direction at which utility levels are increasing.
a. "Rajoo only eats vegetables. He does not derive any utility by consuming meat. In other
words, Rajoo's satisfaction is only driven by consuming vegetables."
b. "Ali always eats durians with warm water in fixed proportions to avoid getting sorethroat:
cach piece of durian must be eaten together with two glasses of warm water. Apart from
this ratio, Ali's utility does not change."
Transcribed Image Text:Sketch several indifference curves showing the following consumer choices. Please ensure you label all axis completely and show the direction at which utility levels are increasing. a. "Rajoo only eats vegetables. He does not derive any utility by consuming meat. In other words, Rajoo's satisfaction is only driven by consuming vegetables." b. "Ali always eats durians with warm water in fixed proportions to avoid getting sorethroat: cach piece of durian must be eaten together with two glasses of warm water. Apart from this ratio, Ali's utility does not change."
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