At what rate are you willing to trade quarters (25c coins) for dollar bills? 2. Suppose a

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At what rate are you willing to trade quarters (25c coins) for dollar bills? 2. Suppose a friend owes you $2. Would you mind if he gave you back dollar bills, quarters or a combination of the two? 3. Suppose now that you friend owes you $8. Does this affect your answer to question D.2. ? 4. Keeping in mind your answers to D1. - D3., in a graph where you measure quarters along the horizontal axis and dollar bills along the vertical axis draw a couple of your indifference curves. 5. What do economists mean by the expression 'strictly-convex preferences'? Are your preferences for quarters and dollar bills linear? Are they strictly convex? Justify your