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of 3 ZOOM 3. Draw a graph with an indifference curve and a budget line for two goods, movies (measured on the vertical axis) and concerts (measured in the horizontal axis) to illustrate a case where the consumer is buying a non-optimal combination on MUConcerte Pconcerts her budget line for which MUMovies PMovies

of 3 ZOOM 3. Draw a graph with an indifference curve and a budget line for two goods, movies (measured on the vertical axis) and concerts (measured in the horizontal axis) to illustrate a case where the consumer is buying a non-optimal combination on MUConcerte Pconcerts her budget line for which MUMovies PMovies

Micro Economics For Today
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter6: Consumer Choice Theory
Section6.A: Indifference Curve Analysis
Problem 3SQP
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ZOOM 3. Draw a graph with an indifference curve and a budget line for two goods, movies (measured on the vertical axis) and concerts (measured in the horizontal axis) to illustrate a case where the consumer is buying a non-optimal combination on Pconcerts MU Concerts her budget line for which MUMouer PMovies
Transcribed Image Text:ZOOM 3. Draw a graph with an indifference curve and a budget line for two goods, movies (measured on the vertical axis) and concerts (measured in the horizontal axis) to illustrate a case where the consumer is buying a non-optimal combination on Pconcerts MU Concerts her budget line for which MUMouer PMovies
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