We graph Mary\'s indifference curves with avocados on the horizontal axis and gr
ID: 1177382 • Letter: W
Question
We graph Mary's indifference curves with avocados on the horizontal axis and grapefruits on the vertical axis, then whenever she has more grapefruits than avocados, the slope of her indifference curve is -2. Whenever she has more avocados than grapefruits the slope is -1/2. Mary would be indifferent between a bundle with 22 avocados and 37 grapefruits and another bundle that has 37 avocados and...a)none of the other answers. b) 32 grapefruits. c) 7 grapefruits. d) 22 grapefruits. e) 24.5 grapefruits.
Explanation / Answer
17 grapefruits
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