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Draw(sketch) indifference curve and indicate the direction of the weakly preferred set

Economics Oct 08, 2020

Draw(sketch) indifference curve and indicate the direction of the weakly preferred set.A) A person likes exactly three pickles with a sausage. Other combination of pickles and sausage has no utility to him. put sausage on the x axis and pickles on the y axis.B) Assume everyday a typical human being need to have vegetables and meat. The person always likes more meat, but dislikes vegetables. The consumer has convex preferences. put meat on the x axis.

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