Suppose your friend is indifferent to the bundles (5, 6) and (6,6). Are the preferences of your friend monotonic ?

Suppose your friend is indifferent to the bundles (5, 6) and (6,6). Ar

1.	Suppose your friend is indifferent to the bundles (5, 6) and (6,6). Are the preferences of your friend monotonic ?
Answer» Solution :No, the preferences are not MONOTONIC. Monotonic PREFERENCE MEANS that he should prefer (6, 6) over (5, 6) as it CONTAINS more of one commodity and no less of the other.