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小女子是自学此书,在学到第三章'偏好'的时候有三道题不懂求解,请各位帮帮忙解答下拉...
麻烦要有详细的讲解哦,题目答案我是有的...谢谢拉.....
3.4 (0) Elmo finds himself at a Coke machine on a hot and dusty Sunday. The Coke machine requires exact change |two quarters and a dime. No other combination of coins will make anything come out of the machine. No stores are open; no one is in sight. Elmo is so thirsty that the only thing he cares about is how many soft drinks he will be able to buy with the change in his pocket; the more he can buy, the better. While Elmo searches his pockets, your task is to draw some indifference curves that describe Elmo's preferences about what he finds.
(a) If Elmo has 2 quarters and a dime in his pockets, he can buy 1 soft drink. How many soft drinks can he buy if he has 4 quarters and 2 dimes?
(b) Use red ink to shade in the area on the graph consisting of all combinations
of quarters and dimes that Elmo thinks are just indifferent to having 2 quarters and 1 dime. (Imagine that it is possible for Elmo to have fractions of quarters or of dimes, but, of course, they would be useless in the machine.) Now use blue ink to shade in the area consisting of all combinations that Elmo thinks are just indifferent to having 4 quarters and 2 dimes. Notice that Elmo has indifference ‘bands," not indifference curves.
(c) Does Elmo have convex preferences between dimes and quarters?
(d) Does Elmo always prefer more of both kinds of money to less?
(e) Does Elmo have a bliss point?
(f) If Elmo had arrived at the Coke machine on a Saturday, the drugstore across the street would have been open. This drugstore has a soda fountain that will sell you as much Coke as you want at a price of 4 cents an ounce. The salesperson will take any combination of dimes and quarters in payment. Suppose that Elmo plans to spend all of the money in his pocket on Coke at the drugstore on Saturday. On the graph above, use pencil or black ink to draw one or two of Elmo's indifference curves between quarters and dimes in his pocket. (For simplicity, draw your graph as if Elmo's fractional quarters and fractional dimes are accepted at the corresponding fraction of their value.) Describe these new indifference curves in words.
(a) Sketch an indifference curve for Randy where the two commodities are hours per week spent studying economics and hours per week spent studying history. Will the slope of an indifference curve be positive or negative?
(b) Do Randy's indifference curves get steeper or flatter as you move from left to right along one of them?
(a) Suppose that Joan's preferences are as before, but that her parents allow her to leave anything on her plate that she doesn't want. On the graph below, use red ink to draw some indifference curves depicting her preferences between plates with different amounts of cake and ice cream.
Thanks!
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