Suppose Jay has been experiencing back pain, and has four options for treatment. (Table 14.6) Assume that indifference curves in this space are linear. Interpret this assumption

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Suppose Jay has been experiencing back pain, and has four options for treatment. (Table 14.6)

  1. Assume that indifference curves in this space are linear. Interpret this assumption
Table 14.6. Potential therapies for back pain.
Treatment regimen
Total cost
Pain reduction
Do nothing
$0
O units
Chair cushion
$100
20 units
Cortisone injections
$700
25 units
Acupuncture
$1,000
50 units
Transcribed Image Text:Table 14.6. Potential therapies for back pain. Treatment regimen Total cost Pain reduction Do nothing $0 O units Chair cushion $100 20 units Cortisone injections $700 25 units Acupuncture $1,000 50 units
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