A consumers preference ordering over baskets of goods x1 x2


A consumer's preference ordering over baskets of goods (x1, x2) includes the following: i) she is indifferent between (5, 90) and (35, 10); ii) she strictly prefers (20, 50) to (5, 90). Check whether convexity of preferences is satisfied over these three alternatives.

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Macroeconomics: A consumers preference ordering over baskets of goods x1 x2
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