Question: Question is stated below all information is there Crystal likes both soda and ice cream. Assume that the more is better principle applies to Crystal;
Question is stated below all information is there


Crystal likes both soda and ice cream. Assume that the \"more is better\" principle applies to Crystal; that is, she would always prefer to consume more of either good, holding the consumption of the other good constant. The points on Figure 1 represent combinations of ice cream and soda that Crystal might choose to consume. Figure 2 shows the same points as Figure 1, but it also shows some of Crystal's indifference curves: [1, 12, and 13. These curves show more information about Crystal's preferences than Figure 1. C?) Figure 1 Figure 2 SODA (Cans) 'l'l SODA (Cans) ICE CREAM (Cones) ICE CREAM (Cones) Complete the following table by indicating which bundles Crystal strictly prefers to F given only the information in each figure. Information Given By... A B C D E G H Figure 1 Figure 2 Indicate whether each of the following statements is true or false given the graphs. Statement True False Figure 1 does not provide enough information to compare the utility Crystal receives from G versus C. O O Figure 2 indicates that Crystal prefers bundle G to bundle C. O O
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