Question: Consider a consumption bundle where you are consuming a lot of the X axis good, but not much of the Y good.Using the concept of
Consider a consumption bundle where you are consuming a lot of the X axis good, but not much of the Y good.Using the concept of marginal utility, explain why your indifference curve will be very flat at this bundle.
If it helps, you can make up specific numbers to help your explanation, as long as they fit the setup.You should explain what the slope of the indifference curve represents, and why MU matters.
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