Carmen's preferences are such that she is always indifferent between watching two movies or seeing one basketball
Question:
a. What must Carmen's indifference curves look like?
b. Suppose that Carmen has an income of $90. If a movie costs $10 and a basketball game costs $18, what will Carmen's optimal consumption bundle be?
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a Carmens indifference curves are straight parallel lines For her watching a movi...View the full answer
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