The indifference curve for victor that passes through bundle

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Victor Finick likes to have the same amount of x as he has of y. His utility function is U(x, y) = min{2x - y, 2y - x}. a. Draw the indifference curve for Victor that passes through the bundle (0, 0) and the indifference curve that passes through (4, 4). (Hint: Each indifference curve is the intersection of two line segments.) b. Does Victor always prefer more of either good to less?

Reference no: EM13999052

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