Suppose that no amount of other goods can compensate for a loss in health. How would the individual’s indifference curves look? Is this a reasonable assumption in terms of what we actually see taking...

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Suppose that no amount of other goods can compensate for a loss in health. How would the individual’s indifference curves look? Is this a reasonable assumption in terms of what we actually see taking place?

Answered Same Day Dec 27, 2021