Economics Homework Help
Economics Homework Help. Econ 104A DAC Indifference Curves Worksheet
Question:
If good X is measured on the horizontal axis and good Y on the vertical, please draw
the following indifference curves and explain the preferences that they represent:
1. Parallel to the Y axis
2. Parallel to the X axis
3. Upward sloping with utility increasing if one moves to the right
4. Downward sloping with utility increasing as one moves to the right
5. L-shaped