1. Suppose that you like to consume exactly two hot dogs (h) at every football game (f) that you attend. Additional games and additional hot dogs do not provide any extra utility. (a) Graph three indifference curves for your preferences. Hot Dog Football Games (b) Write a utility function for your preferences.

1. Suppose that you like to consume exactly two hot dogs (h) at every football game (f) that you attend. Additional games and additional hot dogs do not provide any extra utility. (a) Graph three indifference curves for your preferences. Hot Dog Football Games (b) Write a utility function for your preferences.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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