question archive The graph below shows Susan's indifference curve that goes through the bundle (3,3), which represents Susan's attendance at three football games and three basketball games last year
The graph below shows Susan's indifference curve that goes through the bundle (3,3), which represents Susan's attendance at three football games and three basketball games last year
Subject:EconomicsPrice: Bought3
The graph below shows Susan's indifference curve that goes through the bundle (3,3), which represents Susan's attendance at three football games and three basketball games last year. She would prefer attending four of each, and she is indifferent between (4,4), (1,16), and (16,1). Using the point tool, plot those bundles, and then use the curved-line tool to graph Susan's indifference curve through them. Susan's Sporting Events Basketball games 16 15 14 13 12 11 10 9 00 8 7 6 5 4 3 2 1 0 8 9 ot ' ? a gr V 46 Football games Part 2 (5 points) Using the indifference curves on the graph in Part 1, evaluate the following statements as true or false. (2,8) is weakly preferred to (4,4). Choose one: A. true O B. false (1,16) is strictly preferred to (4,4). Choose one: O A. true B. false (16,1) is at least as good as (3,3). Choose one: O A. true B. false (3,3)-(1,9) Choose one: O A. true O B. false (9,1)-(2,8) Choose one: A. true B. false
