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Home / Questions / Harold consumes chardonnay and quiche. His utility function is U(c,q)=min{c,q2}. Draw a di...

Harold consumes chardonnay and quiche. His utility function is U(c,q)=min{c,q2}. Draw a diagram show

Harold consumes chardonnay and quiche. His utility function is U(c,q)=min{c,q2}. Draw a diagram showing three or four of Harold’s indifference curves. If the price of chardonnay is$10 and the price of quiche is $3 and if Harold is consuming 4 units of quiche, how many units of chardonnay is he consuming?Can u draw the graph, I have no vision about how will the graph be. Thank you

 

Apr 27 2020 View more View Less

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