Question

Help please with this multipart question. Thank you

Draw out the indifference curves for each scenario. Identify the direction that the person's utility is increasing.

A. Nicole doesn't like hamburgers nor lemonade.

B. Kevin likes hamburgers but does not like 7-UP. His brother refuses to give him hamburgers unless he drinks 7-UP.

C. Marc likes markers and erasers.

D. Scarlett loves apples but hates brownies.

E. Amy likes hip-hop but does not like rap.

F. Mike likes to wear one dress shirt with two cufflinks only.

G. Sam often receive twice as much satisfaction from an extra hamburger as she does from an extra soft drink.

Answer 1

1) Since Nicole does not like both hamburger and lemonade, both are 'bad' for him.

2) Since Kevin likes hamburger and dislikes soft drink but if served he will drink it, hamburger is 'good' while 'soft drink is bad' for him.

3) Marc likes both eraser and markers, both are 'good' for him.

4) Scarlet loves apple and hate brownie, therefore apple is 'good' for her while brownie is 'neuter' for her.

5) Amy likes hip hop and does not like mean that hip hop is 'good' while rap is 'bad'.

6) 7)