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The consumer likes orange juice and cranberry juice but he or she does not like to have them together. In another words, consumer prefers 8 units of orange juice and 2 units of cranberry juice or 8 units of cranberry juice and 2 units of orange juice to 5 units of each of orange and cranberry juice. Draw the indifference curve of the consumer depicting this kind of preference. what is this particular preference called?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91400313

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