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Draw indifference curves to represent following types of customer preferences.

1) Marie likes milk, but neither likes nor dislikes coffee.

2) Marie likes coffee with milk but she always wants 1 cup of coffee with half a cup of milk.

3) Marie likes milk and coffee and always gets same additional satisfaction from 1 cup of coffee as she gets from 2 cups of milk.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91226536

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