The indifference curves shown in the following diagrams do


Question: The indifference curves shown in the following diagrams do not conform with those drawn earlier in this part of the book, though they do not necessarily illustrate unrealistic preferences.

1302_Circle.png

Explain the underlying assumptions made in each case and illustrate your answer with examples of commodities which you believe are consistent with these preferences.

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Engineering Mathematics: The indifference curves shown in the following diagrams do
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