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Match the Following Descriptions of Preferences to the Indifference Curve

Question 43

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Match the following descriptions of preferences to the indifference curve diagrams that follow.
________ Ann does not care whether she has more diet soft drinks or fewer
diet soft drinks.
________ Peter is very picky about his buttered popcorn. He tops every quart
of popped corn with exactly one quarter cup of melted butter.
________ Amy likes M&M's, plain and peanut. For Amy, the marginal rate of
substitution between plain and peanut M&M's does not vary with the
quantities of plain and peanut M&M's she consumes.
________ George dislikes broccoli and would be willing to pay something to not
have to eat it.
________ Natalya likes rap and rock music. Natalya's preferences exhibit a
diminishing marginal rate of substitution between the two types of music.
________ Matthew knows his limit. He likes beer up to a point, but if he drinks
too much he gets sick. Match the following descriptions of preferences to the indifference curve diagrams that follow. ________ Ann does not care whether she has more diet soft drinks or fewer diet soft drinks. ________ Peter is very picky about his buttered popcorn. He tops every quart of popped corn with exactly one quarter cup of melted butter. ________ Amy likes M&M's, plain and peanut. For Amy, the marginal rate of substitution between plain and peanut M&M's does not vary with the quantities of plain and peanut M&M's she consumes. ________ George dislikes broccoli and would be willing to pay something to not have to eat it. ________ Natalya likes rap and rock music. Natalya's preferences exhibit a diminishing marginal rate of substitution between the two types of music. ________ Matthew knows his limit. He likes beer up to a point, but if he drinks too much he gets sick.
Match the following descriptions of preferences to the indifference curve diagrams that follow. ________ Ann does not care whether she has more diet soft drinks or fewer diet soft drinks. ________ Peter is very picky about his buttered popcorn. He tops every quart of popped corn with exactly one quarter cup of melted butter. ________ Amy likes M&M's, plain and peanut. For Amy, the marginal rate of substitution between plain and peanut M&M's does not vary with the quantities of plain and peanut M&M's she consumes. ________ George dislikes broccoli and would be willing to pay something to not have to eat it. ________ Natalya likes rap and rock music. Natalya's preferences exhibit a diminishing marginal rate of substitution between the two types of music. ________ Matthew knows his limit. He likes beer up to a point, but if he drinks too much he gets sick.
Match the following descriptions of preferences to the indifference curve diagrams that follow. ________ Ann does not care whether she has more diet soft drinks or fewer diet soft drinks. ________ Peter is very picky about his buttered popcorn. He tops every quart of popped corn with exactly one quarter cup of melted butter. ________ Amy likes M&M's, plain and peanut. For Amy, the marginal rate of substitution between plain and peanut M&M's does not vary with the quantities of plain and peanut M&M's she consumes. ________ George dislikes broccoli and would be willing to pay something to not have to eat it. ________ Natalya likes rap and rock music. Natalya's preferences exhibit a diminishing marginal rate of substitution between the two types of music. ________ Matthew knows his limit. He likes beer up to a point, but if he drinks too much he gets sick.

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