Arthur can spend his income on coffee and cola. He views coffee as a good but...
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Arthur can spend his income on coffee and cola. He views coffee as a good but cola is a perfect substitute. Use the line drawing tool to draw three lines representing his indifference curve map. Label these three lines: I', , and ' such that Ug > U2 > U,. Carefully follow the instructions above, and only draw the required objects. cola coffee Arthur can spend his income on coffee and cola. He views coffee as a good but cola is a perfect substitute. Use the line drawing tool to draw three lines representing his indifference curve map. Label these three lines: I', , and ' such that Ug > U2 > U,. Carefully follow the instructions above, and only draw the required objects. cola coffee
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