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1. For each of the following examples, a consumer buys only two goods: x and y. Based on the information given in the following parts,

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1. For each of the following examples, a consumer buys only two goods: x and y. Based on the information given in the following parts, sketch a plausible set of indifference curves (draw at least two curves on a set of labeled axes, and indicate the direction of higher utility with an arrow). Write down a utility function U(xy) that is consistent with your graph. (3 points each, Total 12 points) (a) I like both x and y. b I like x, but I hate y (c) I like x, but I am indifferent to y. I only ever like x and y paired together

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