Question: a) (3 points) Can the two indifference curves shown below (U, and U2) belong to the same person? If yes, explain why; if no,

a) (3 points) Can the two indifference curves shown below (U, and

 

a) (3 points) Can the two indifference curves shown below (U, and U2) belong to the same person? If yes, explain why; if no, explain why not. If the two indifference curves y (units) belong to two different people, how does person I's marginal rate of substitution at point A compare to person 2's marginal rate of substitution at point B? Explain your answer (no explanation = no credit) A B U x (units) U2

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