Draw a Set of Indifference Curves for the Following Pairs

question 87

Essay

Draw a set of indifference curves for the following pairs of goods:
a. Hamburgers and carrots for a vegetarian who neither likes nor dislikes meat. (Vegetarians do not eat meat.)
b. Peanut butter and jelly for an individual that will not eat peanut butter sandwiches or jelly sandwiches, but loves peanut butter and jelly sandwiches made with two parts peanut butter and one part jelly.
c. Tickets for Knott's Berry Farm (KBF) and Universal Studios (US) for a tourist that believes that KBF and US are perfect substitutes.
d. Ice cream and pie if these are goods that you like, but if you consume enough of either, you get sick of them. If you are sick of a good, consuming more of it lowers your utility.

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Definitions:

Too Narrow

A criticism often directed at definitions or concepts suggesting they are overly restrictive and exclude relevant elements or aspects.

Counterexample

A specific instance that proves a definition wrong.

Atheist

An individual who does not believe in the existence of a god or gods.

Referents

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