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Draw satch indifference curves

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Reference no: EM131943479

1. Renee likes apples but doesn't care one way or the other about pears. If apples and pears are the only two goods available, draw her indifference curves.

2. Satch likes food but dislikes smoke. The more food he has, the more he would be willing to give up to achieve a given reduction in cigarette smoke. If food and cigarette smoke are the only commodities, draw Satch's indifference curves.

Reference no: EM131943479

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