In each of the following examples, a consumer purchases just two goods: x and y. Based on the information provided, select the set of indifference curves that is the best match.
In each of the following examples, a consumer purchases just two goods: x and y. Based on the information provided, select the set of indifference curves that is the best match.
- Kieran considers chewing gum (x) to be a perfect substitute for mints (y).
- In the previous question, what is the marginal rate of substitution between chewing gum and mints? Enter an integer value
- Maeve will only consume toast (x) with two eggs (y).
- Efia enjoys both boba tea (x) and sweet tea (y), although she has a slight preference for boba.
In: Economics