Question: For each example, draw three indifference curves that represent the given preferences. If precise numbers are not given in the question, you are free to

 For each example, draw three indifference curves that represent the givenpreferences. If precise numbers are not given in the question, you are

For each example, draw three indifference curves that represent the given preferences. If precise numbers are not given in the question, you are free to provide me with any set of indifference curves that would fit the description. Please also show the direction of increasing utility. (b) There are few things Ben loves more than milk and cookies. However, he is very strict about the ratio of milk to cookie: for every cookie he eats, he uses exactly 0.25 glasses of milk. Any other ratio is completely unacceptable

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