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corie corie
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6 years ago
Match the following descriptions of preferences to the indifference curve diagrams that follow.

________   Ann does not care whether she has more diet soft drinks or fewer
   diet soft drinks.
________   Peter is very picky about his buttered popcorn.  He tops every quart
   of popped corn with exactly one quarter cup of melted butter.
________   Amy likes M&M's, plain and peanut.  For Amy, the marginal rate of
   substitution between plain and peanut M&M's does not vary with the
   quantities of plain and peanut M&M's she consumes.
________   George dislikes broccoli and would be willing to pay something to not
   have to eat it.
________   Natalya likes rap and rock music.  Natalya's preferences exhibit a
   diminishing marginal rate of substitution between the two types of music.
________   Matthew knows his limit.  He likes beer up to a point, but if he drinks
   too much he gets sick.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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boransalboransal
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#1
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6 years ago
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corie Author
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6 years ago
Helped a lot
mikeh209
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Yesterday
Thanks
ediblefruitz
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2 hours ago
Brilliant ツ
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