(Solved): Tim likes to eat toast with marmalade and drink wine. He enjoys these items in very specific propor ...

Tim likes to eat toast with marmalade and drink wine. He enjoys these items in very specific proportions: For every plece of toast with marmalade he eats. he drinks exactly one glass of wine, and vice versa. Tim can purchase the marmalade for his toast in two jar sizes: 20 ounces and 40 ounces. Tim cares only about the total amount of marmalade he has avallable and not at all about the jar size. In other words, he's fust as happy with two 20-ounce jars as he is with one 40 -ounce jar. In this scenario, toast with marmalade and glasses of wine are Two possible bundles of toast with marmalade and glasses of wine are shown on the following graph, labeled A and 8. Using three purple points (diamond symbol), plot Tim's indifference curve that passes through point A \( \left(I_{1}\right. \) ). Then, using three orange points (square symboll, plot Tim's indifference curve that passes through point B \( \left(l_{2}\right) \). Hint: To plot both indifference curves, place one point on the edge of the graph; another point on either point A or B respectiveiy, and the final point on another edge of the graph.