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→Indifference Curve: show examples
Was this worth it? Yes: now you have two extra potato chips that you would not have had by splitting everything equally. Chris and Stephanie are just as happy, and you can share the additional chips with Kevin.
Was this worth it? Yes: now you have two extra potato chips that you would not have had by splitting everything equally. Chris and Stephanie are just as happy, and you can share the additional chips with Kevin.
<show graphs for three types of indifference curves, including perfect substitutes and perfect complements>
==Consumer Surplus==
==Consumer Surplus==