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Home / Questions / In Problem 12, recall that Tommy Twit’s mother measures the departure of any bundle from h

In Problem 12, recall that Tommy Twit’s mother measures the departure of any bundle from h

In Problem 12, recall that Tommy Twit’s mother measures the departure of any bundle from her favorite bundle for Tommy by the sum of the absolute values of the differences. Her favorite bundle for Tommy is (2, 7), that is, 2 cookies and 7 glasses of milk. Tommy’s mother’s indifference curve that passes through the point (cm) ? (5, 4) also passes through

a.the point (8, 1).

b.the points (2, 1), (8, 7), and (5, 10).

c.the point (2, 7).

d.the points (5, 7), (2, 4), and (2, 10).

e.None of the above.

22.In Problem 12, recall that Tommy Twit’s mother measures the departure of any bundle from her favorite bundle for Tommy by the sum of the absolute values of the differences. Her favorite bundle for Tommy is (2, 7), that is, 2 cookies and 7 glasses of milk. Tommy’s mother’s indifference curve that passes through the point (cm) ? (4, 5) also passes through

a.the points (2, 3), (6, 7), and (4, 9).

b.the point (6, 3).

c.the point (2, 7).

d.the points (4, 7), (2, 5), and (2, 9).

e.None of the above.

23.In Problem 12, recall that Tommy Twit’s mother measures the departure of any bundle from her favorite bundle for Tommy by the sum of the absolute values of the differences. Her favorite bundle for Tommy is (2, 7), that is, 2 cookies and 7 glasses of milk. Tommy’s mother’s indifference curve that passes through the point (cm) ? (4, 5) also passes through

a.the points (4, 7), (2, 5), and (2, 9).

b.the point (2, 7).

c.the point (6, 3).

d.the points (2, 3), (6, 7), and (4, 9).

e.None of the above.

24.In Problem 12, recall that Tommy Twit’s mother measures the departure of any bundle from her favorite bundle for Tommy by the sum of the absolute values of the differences. Her favorite bundle for Tommy is (2, 7), that is, 2 cookies and 7 glasses of milk. Tommy’s mother’s indifference curve that passes through the point (cm) ? (5, 4) also passes through

a.the points (2, 1), (8, 7), and (5, 10).

b.the point (2, 7).

c.the point (8, 1).

d.the points (5, 7), (2, 4), and (2, 10).

e.None of the above.

25.In Problem 12, recall that Tommy Twit’s mother measures the departure of any bundle from her favorite bundle for Tommy by the sum of the absolute values of the differences. Her favorite bundle for Tommy is (2, 7), that is, 2 cookies and 7 glasses of milk. Tommy’s mother’s indifference curve that passes through the point (cm) ? (4, 5) also passes through

a.the points (4, 7), (2, 5), and (2, 9).

b.the point (2, 7).

c.the points (2, 3), (6, 7), and (4, 9).

d.the point (6, 3).

e.None of the above.

26.In Problem 1, Charlie’s indifference curves have the equation xB ? constant/xA, where larger constants correspond to better indifference curves. Charlie strictly prefers the bundle (10, 15) to the bundle

a.(15, 10).

b.(11, 14).

c.(12, 13).

d.More than one of these options are correct.

e.None of the above are correct.

27.In Problem 1, Charlie’s indifference curves have the equation xB ? constant/xA, where larger constants correspond to better indifference curves. Charlie strictly prefers the bundle (9, 18) to the bundle

a.(10, 17).

b.(18, 9).

c.(11, 12).

d.More than one of these options are correct.

e.None of the above are correct.

28.In Problem 1, Charlie’s indifference curves have the equation xB ? constant/xA, where larger constants correspond to better indifference curves. Charlie strictly prefers the bundle (6, 15) to the bundle

a.(12, 11).

b.(7, 14).

c.(15, 6).

d.More than one of these options are correct.

e.None of the above are correct.

29.In Problem 1, Charlie’s indifference curves have the equation xB ? constant/xA, where larger constants correspond to better indifference curves. Charlie strictly prefers the bundle (5, 11) to the bundle

a.(11, 5).

b.(6, 10).

c.(8, 6).

d.More than one of these options are correct.

e.None of the above are correct.

30.In Problem 1, Charlie’s indifference curves have the equation xB ? constant/xA, where larger constants correspond to better indifference curves. Charlie strictly prefers the bundle (7, 15) to the bundle

a.(8, 14).

b.(15, 7).

c.(10, 13).

d.More than one of these options are correct.

e.None of the above are correct.

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