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2021/1/14 Topic: Consumer Preferences (Graded) - Discussion Forum 1

https://canvas.eee.uci.edu/groups/109844/discussion_topics/467666 1/1

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This is a graded discussion: 2 points possible due Jan 15

Consumer Preferences (Graded) - Discussion Forum 1 Neerja Aggarwal

From ECON 100A LEC A: INTER...

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1) Consider an indifference map which consists of vertical lines. What can you say about the consumer's preferences for these two goods?

2) How will the indifference map of this consumer change if the two goods are interchanged on the two axes? (That is, good earlier on the x-axis is moved to y-axis and good earlier on the y-axis is moved to x-axis.)

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