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Bill likes hamburgers,but neither likes nor dislikes soft drinks Like Jane,Bill drinks to be a neutral good.Since he does not care about soft drinks one way or the other we can assume that no matter how many he has,his utility will be the same.His level of satisfaction depends entirely on how many hamburgers he has. Mary always gets twice as much satisfaction from an extra hamburger as she does from an extra soft drink How much extra satisfaction Mary gains from an extra hamburger or soft drink tells us something about the marginal utilities of the two goods,or about her MRS.If she always receives twice the satisfaction from an extra hamburger then her marginal utility from consuming an extra hamburge is twice her marginal utility from consuming an extra so drink.He MRS,with hamburgers on the vertical axis,is 1/2.Her indifference curves are straight lines with a slope of 1/2. 3.If Jane is currently willing to trade 4 movie tickets for 1 basketball ticket then she must like basketball better than movies.True or false?Explain.e. Bill likes hamburgers, but neither likes nor dislikes soft drinks. Like Jane, Bill considers soft drinks to be a neutral good. Since he does not care about soft drinks one way or the other we can assume that no matter how many he has, his utility will be the same. His level of satisfaction depends entirely on how many hamburgers he has. hamburger soft drink f. Mary always gets twice as much satisfaction from an extra hamburger as she does from an extra soft drink. How much extra satisfaction Mary gains from an extra hamburger or soft drink tells us something about the marginal utilities of the two goods, or about her MRS. If she always receives twice the satisfaction from an extra hamburger then her marginal utility from consuming an extra hamburger is twice her marginal utility from consuming an extra soft drink. Her MRS, with hamburgers on the vertical axis, is 1/2. Her indifference curves are straight lines with a slope of 1/2. hamburger soft drink 3. If Jane is currently willing to trade 4 movie tickets for 1 basketball ticket then she must like basketball better than movies. True or false? Explain
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