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.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter10: Consumer Choice Theory

Section: Chapter Questions

Problem 9P

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