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Price Co on Curve U 1 Left Shoes In the case of perfect complements,the income consumption curve is also a line through the corners ofthe L-shaped indifference curves.See the figure below. Right h Incom Con Curve Left Shoes 5.Each week,Bill,Mary,and Jane select the quantity of two goods,x and x, that they will consume in order to maximize their respective utilities They each spend their entire weekly income on these two goods. Suppose you are given the following information about the choices that Bill makes over a three-week period: Week 1 10 40 Week 2 719 40 Week 3 55 Left Shoes U2 U1 Right Shoes L1 L2 Price Consumption Curve In the case of perfect complements, the income consumption curve is also a line through the corners of the L-shaped indifference curves. See the figure below. Left Shoes U2 U1 Right Shoes L1 L2 Income Consumption Curve 5. Each week, Bill, Mary, and Jane select the quantity of two goods,  x1 and x2 , that they will consume in order to maximize their respective utilities. They each spend their entire weekly income on these two goods. a. Suppose you are given the following information about the choices that Bill makes over a three-week period:  x1  x2  P1  P2 I Week 1 10 20 2 1 40 Week 2 7 19 3 1 40 Week 3 8 31 3 1 55
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