Question: Consider two bundles that Ella might consume: the bundle (1, 14) lies on an indifference curve described by x2 = 20 4+/x1 (blue indifference curve).

Consider two bundles that Ella might consume: the bundle (1, 14) lies on an indifference curve described by x2 = 20 4+/x1 (blue indifference curve). The second bundle (36, 0) lies on an indifference curve x2 = 24 4x1 (red indifference curve) (1) Plot the blue and the red indifference curve in one diagram. (2) |s the set of bundles that Ella prefers over the bundle (1, 18) a convex set? Are Ella's preferences convex

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