Slide 1 Indifference Curve Analysis 1. Develop indifference curves 2. Develop budget constraint 3. Some basic analysis: a. changes in prices; b. changes in income; c. the…
Consumption Country pct GDP amount Australia 61.9 21240 13147 Banglad. 67.3 1590 1070 Brazil 61.9 7300 4519 Canada 56.7 20000 11340 Egypt 74.2 1270 942 Germany 57.8 24920…