A friend whom you are studying with for this class has drawn three sets of indifference curves.Explain what he has done wrong on each graph and what assumption of preferences is violated by each particular graph.
(a)(b)(c)

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The Answer of A friend whom you are studying with for this class has drawn three sets of indifference curves.Explain what he has done wrong on each graph and what assumption of preferences is violated by each particular graph.
(a)(b)(c)

A Friend Whom You Are Studying with for This Class