Esteban likes both chocolate ice cream and lemon sorbet. His preferences correspond to the utility function U(C,
Question:
a. Write a formula for Esteban's family of indifference curves. Plot some of those curves on a graph.
b. Would Esteban rather have four ounces of chocolate ice cream and two ounces of lemon sorbet or two ounces of chocolate ice cream and four ounces of lemon sorbet?
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