Question: Suppose your indifference curves between X and Y are shaped as in Exhibit. The Consumers Choice with Nonconvex Indifference Curves a. What is the shape

Suppose your indifference curves between X and Y are shaped as in Exhibit.
The Consumer€™s Choice with Nonconvex Indifference Curves

a. What is the shape of your ordinary (uncompensated) demand curve for X?
b. What is the shape of your compensated demand curve for X?
c. What is your price elasticity of demand forX?

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