Draw the indifference curves when: i) X is water pollution, Y is air pollution, ii) X is beautiful scenery during sunset in the beach, Y is bad scent from the garbage domestic tourists throw away in the beach, iii) X is Manifest—a trending Netflix series, Y is Hermes scarf, iv) X is fake news or hoax, Y is journalist’s work winning the Pulitzer prize, v) X is good, Y is neutral
Draw the indifference curves when: i) X is water pollution, Y is air pollution, ii) X is beautiful scenery during sunset in the beach, Y is bad scent from the garbage domestic tourists throw away in the beach, iii) X is Manifest—a trending Netflix series, Y is Hermes scarf, iv) X is fake news or hoax, Y is journalist’s work winning the Pulitzer prize, v) X is good, Y is neutral
Chapter6: Consumer Choice Theory
Section6.A: Indifference Curve Analysis
Problem 11SQ
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Question
Draw the indifference curves when:
i) X is water pollution, Y is air pollution,
ii) X is beautiful scenery during sunset in the beach, Y is bad scent from the garbage domestic tourists throw away in the beach,
iii) X is Manifest—a trending Netflix series, Y is Hermes scarf,
iv) X is fake news or hoax, Y is journalist’s work winning the Pulitzer prize,
v) X is good, Y is neutral
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