Colette consumes goods x and and. Its indifference curves are described by the formula y= k/(x+2). Higher
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Colette consumes goods x and and. Its indifference curves are described by the formula y= k/(x+2). Higher values of k correspond to better indifference curves.
Colette hates x and likes good and | ||
More than one of the other statements are true | ||
Colette prefers package (5.8) to (8.5) | ||
Colette prefers package (16.12) to (12.16) | ||
Colette likes good x and hates good and |
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