Answer:
Each of Oswald's indifference curves is made up of two line segments - one line segment with slope [tex]-2[/tex] and another line segment with slope [tex]\frac{-1}{2}[/tex].
Explanation:
An indifference curve is a curve that connects points on a graph such that those points represent different quantities of two goods. Also, a consumer is indifferent between such two points.
Utility function is [tex]u(x_1,x_2)=x_1+x_2+min\{x_1,x_2\}[/tex]
Each of Oswald's indifference curves is made up of two line segments - one line segment with slope [tex]-2[/tex] and another line segment with slope [tex]\frac{-1}{2}[/tex].
