Draw indifference curves that represent the following individuals’ preferences for hamburgers and soft drinks. indicate the direction in which the individuals’ satisfaction (or utility) is increasing.
a. joe has convex indifference curves and dislikes both hamburgers and soft drinks.
b. jane loves hamburgers and dislikes soft drinks. if she is served a soft drink, she will pour it down the drain rather than drink it.
c. bob loves hamburgers and dislikes soft drinks. if he is served a soft drink, he will drink it to be polite.
d. molly loves hamburgers and soft drinks, but insists on consuming exactly one soft drink for every two hamburgers that she eats.
e. bill likes hamburgers, but neither likes nor dislikes soft drinks.
f. mary always gets twice as much satisfaction from an extra hamburger as she does from an extra soft drink.

answer/// equals both average variable cost and average total cost at their respective minimums;

answer casual models;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.