ECON 101 Consumer Choice Discussion

This assignment is based on the two videos posted on Canvas under Module 4 (Consumer’s budget constraint and indifference curves & The substitution and Income Effects). Assume that a consumer consumes two goods, movies and soda, and assume that these goods are normal goods. Show graphically using budget constraints and indifference curvesPut movies in the x-axis and soda in the y-axis and label everything in your diagram.Provide feedback on someone else’s reply. (max 1 point)Here are instructions how to embed you DrawIO diagram into Canvas: DrawIO info for Canvas (Links to an external site.)Links to an external site. and Additional DrawIO info (Links to an external site.)Links to an external site..

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