Chapter 5: Different Types of Tastes

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Indifference Curves for Perfect Substitutes

Indifference Curves for Perfect Complements

Indifference Curves for Less Extreme Cases of Substitutability and Complementarity

Homothetic Tastes, Marginal Rate of Substitution & Indifference Curves

Quasilinear Tastes, Marginal Rate of Substitution & Indifference Curves

Essential Goods - (a) Less Essential (b) More Essential

Degrees of Substitutability and Marginal Rates of Substitution

Degrees of Substitutability and the "Elasticities of Substitution"

CES Utility Functions: (a) r = -0.8; (b) r = -0.2; (c) r = 2

Cobb-Douglas Utility Functions: (a) a = 0.3; (b) a = 0.5; (c) a = 0.7

Quasilinear Utility Functions: (a) a = 150; (b) a = 20