Dewey consumes only two goods, X and Y. His indifference curves have the usual shape. He prefers
Question:
a. Is it possible to tell whether Dewey prefers (1, 3) to (2, 2)?
b. Is it possible to tell whether Dewey prefers (3, 1) to (2, 2)?
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a You should be able to draw an indifference curve through 1 3 ...View the full answer
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