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Category > Business & Finance Posted 11 Jun 2017 My Price 5.00

What would they look like if he loved one child more than the other?

Gary has two children, Kevin and Dora. Each one consumes “yummies” and nothing else. Gary loves both children equally. For example, he is equally happy when Kevin has two yummies and Dora has three, or when Kevin has three yummies and Dora has two. But he is happier when their consumption is more equal. Draw Gary’s indifference curves. What would they look like if he loved one child more than the other?

 

 

 
 

 

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Status NEW Posted 11 Jun 2017 08:06 AM My Price 5.00

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