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Question 1: Write down a utility function and draw the corresponding indifference curves for each of the preferences described below. Put the quantity of the first good orn the horizontal axis and the quantity of the second good on the vertical axis. (a) Paul likes pencils and pens, but does not care which he writes with. (b) Rhonda likes carrots and dislikes broccoli (c) Emily likes hip-hop iTunes downloads and doesnt care about heavy metal down loads. (d) Michael only likes dress shirts and cuff-links in 1 to 2 proportions. (e) Carlene likes pizza and shoes.
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Answer #1

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