Business, 24.06.2020 06:01 thedocgalloway
Victoria eats vanilla ice cream and Oreo cookies only together, and then only if they are mixed in a fixed ratio of 1 pint of ice cream to 3 crushed Oreos.
a. Draw an indifference map, which represents Victoria’s preferences over vanilla ice cream and Oreo cookies using the vertical axis for Oreo cookies and the horizontal axis for pints of vanilla ice cream.
b. Which assumption does victoria's preferences over these two goods violate?
Answers: 1
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Victoria eats vanilla ice cream and Oreo cookies only together, and then only if they are mixed in a...
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