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[Unusual indifference curves] TechCorp Systems offers their employeeswages and one type of fringe benefit: donuts every morning. Lindsayhas a gluten issue and doesn't like donuts. For her, donuts are neither agood nor a bad (she is indifferent between $30 of wage and one donutand $30 of wage and no donuts), but wages are still a good. With W onthe vertical axis and F (donuts) on the horizontal axis, sketch at leastthree of Lindsay's indifference curves [6 pts.]. Mimi has a much worsegluten issue and can have a negative reaction to gluten if she eventouches gluten residue. For her, gluten is a bad (she prefers $30 and nodonuts to $30 and one donut). On a separate graph, sketch at least threeof her indifference curves
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Howard Gross, chief accountant, cautions Dan, however. Gross says that since King changed its method of inventory valuation, there is a consistency problem and it is difficult to determine whether King is better off. Is Gross correct? Why or why n..
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