unusual indifference curves

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Unusual Indifference Unusual Indifference Curves Curves Draw the indifference Draw the indifference curve(s) associated with curve(s) associated with each statement. each statement.

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Unusual Indifference Curves. Draw the indifference curve(s) associated with each statement. Unusual Indifference Curves. I don’t care if I drink Diet Coke or Diet Pepsi. I don’t care for either peanut butter or jelly alone, but peanut butter with jelly I enjoy. - PowerPoint PPT Presentation

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Page 1: Unusual Indifference Curves

Unusual Indifference Unusual Indifference CurvesCurves

Draw the indifference Draw the indifference curve(s) associated with curve(s) associated with each statement.each statement.

Draw the indifference Draw the indifference curve(s) associated with curve(s) associated with each statement.each statement.

Page 2: Unusual Indifference Curves

Unusual Indifference Unusual Indifference CurvesCurves

• I don’t care if I drink Diet Coke I don’t care if I drink Diet Coke or Diet Pepsi.or Diet Pepsi.

• I don’t care for either peanut I don’t care for either peanut butter or jelly alone, but peanut butter or jelly alone, but peanut butter with jelly I enjoy.butter with jelly I enjoy.

• I like drinking but I find no I like drinking but I find no pleasure in dancing.pleasure in dancing.

Page 3: Unusual Indifference Curves

Unusual Indifference Unusual Indifference CurvesCurves

• President George H. Bush does not President George H. Bush does not eat broccoli unless you paid him.eat broccoli unless you paid him.

• Candy and chewing gum ruin your Candy and chewing gum ruin your teeth; the smaller the teeth; the smaller the consumption of those items, the consumption of those items, the healthier your teeth.healthier your teeth.