Chapter 5 Indifference Curves Use the graphing tool below to answer the following questions. The answers can be downloaded at the bottom of the page. - Using indifference curves and budget constraints, illustrate equilibrium consumption of two alternative goods, such as food and transport.
- Depict what happens to the consumption of these goods if there is a rise in incom.
- Depict what happens to the consumption of these goods is food becomes more expensive.
Click here for full instructions on how to use the graphing tool
 Graphing tool instructions
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Download the answers (the zipped folder contains a Word and PDF version):
 Chapter 5 Graphical Question
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