1.Consider two goods case: movies and concerts. Draw indifference curves that represent the preferences of each of the following people. Define the axes as "concerts per month" and "movies per month." For each graph, label the direction of preference with an arrow.

1)Mike likes concerts but doesn't care whether or not he goes to movies.

2)Ruth like movies but dislikes concerts.

3)Marie likes concerts up until she goes to three per month and then starts to dislike extra ones. However, she likes movies no matter how many she sees.