Problem
Carmen's preferences are such that she is always indifferent between watching two movies or seeing one basketball game.
a. What must Carmen's indifference curves look like?
b. Suppose that Carmen has an income of $90. If a movie costs $10 and a basketball game costs $18, what will Carmen's optimal consumption bundle be?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.