struggling with an assignment I've got for microeconomics. I've got a question on a consumer consuming good x and good y. This guy doesn't like good x in general. However, if it goes with good y, he likes it. He can enjoy a unit of good x per good y; but, he can't consume more of good x than that per each good y. Also, he is willing to trade one unit of good y with one unit of good x when he has more units of good y than good x. This trade ratio is constant for him as long as he has more of good y than good x. On the other hand, if he has more of good x than of good y, he is willing to give 1/2 unit of good y to me if I agree to consume one unit of good x. Also assume that there is no satiation for good y.
How in the name of God should I draw the IC?
I have an idea about an IC which is similar to perfect complements, but slightly rotated to the left. Does this sound reasonable?
Also, the next question is about uncompensated demand and compensated demand. Any ideas?
Edit: there is no free disposal
...or just paranoid?