Question

When offered a choice between two sodas and 11 pizza slices or 14 sodas and three pizza slices, Nami replies that she would be equally happy with either choice. Now suppose Nami is given two sodas and 11 pizza slices, and is given the opportunity to trade them for one of three alternative portions, as follows: A. Nine sodas and five pizza slices: Nami would make the trade. B. Three sodas and seven pizza slices: Nami would decline the trade. C. Five sodas and six pizza slices: Nami could go either way (i.e., she is indifferent). The information you've been given is enough to draw an indifference curve describing Nami's preferences when it comes to soda and pizza. Plot the curve, as follows: first use the point tool to place three points, and then connect them using the curved-line tool. To refer to the graphing tutorial for this question type, please click

Answer 1

An indifference curve for Nami's preference of sodas and pizza slices can be constructed by plotting the combinations of goods to which she is indifferent and connecting them with a smooth curve that typically bows inward.

Step-by-step explanation:

An indifference curve represents a set of choices that provide an equal level of utility or satisfaction to a consumer. In this case, we are constructing an indifference curve for Nami, who has preferences for how many sodas and pizza slices she would like to have. We can start this by plotting points that reflect the combinations she prefers equally. The original combinations are (2 sodas, 11 pizzas) and (14 sodas, 3 pizzas), representing two choices that bring equal happiness. From the given alternatives, we can add other points: A (9 sodas, 5 pizzas), which she would accept, B (3 sodas, 7 pizzas), which she would decline, and C (5 sodas, 6 pizzas), which leaves her indifferent.

To plot an indifference curve, you would draw a graph with sodas on one axis (for example, the x-axis) and pizza slices on the other axis (for example, the y-axis). Place the points representing each combination on this graph and then draw a smooth curve that connects them, showing all combinations to which Nami is indifferent. Keep in mind that an indifference curve typically bows inward, towards the origin of the graph, reflecting the consumer's decreasing marginal rate of substitution of one good for another.

Answer 2

Nami's indifferent in 3 points that lie on the different curve, the three poits

that are mentions are -

1. Point C - 5 soda and 6 pizza slices

2. Pont E - 2 soda and 11 pizza slices

3. Point F - 14 soda and 3 pizza slices.

Do check the graph,

In which x-axis is for pizza slices and Y-axis is for soda counts. The all three points are represented as E -( 2, 11), C - (5, 6), and F - ( 14, 3).