(a) Draw the indifference curve for a consumer for two goods X and Y, assuming the...

(a) Draw the indifference curve for a consumer for two goods X and Y, assuming the consumer does not get any utility, positive or negative, from good X.

(b) Would such a consumer move to a higher indifference curve with a “buy one, get one free” deal on good X? Please explain. You do not have to draw this on the graph, you just have to give an explanation.

Expert Solution

Rahul Sunny answered 1 year ago

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