Question: Suppose that your tastes do not satisfy the convexity assumption. In particular, suppose the indifference curve corresponding to utility level uA has a shape like

Suppose that your tastes do not satisfy the convexity assumption. In particular, suppose the indifference curve corresponding to utility level uA has a shape like the indifference curves depicted in Graph 6.8, with good x1 on the horizontal axis and “other consumption” on the vertical. Illustrate what the MWTP (or compensated demand) curve corresponding to utility level uA would look like. How would your answer change if the indifference curve instead satisfied convexity but contained a “flat” portion along which the MRS is constant? What if the indifference curves were strictly convex but contained a kink?

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