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2. Draw an indifference curve (IC) in a (x, y)-space for the following cases: 2. Draw an indifference curve (IC) in a (x, y)-space fok
2. Draw an indifference curve (IC) in a (x, y)-space fok the following cases:e Furthermore, draw a budget line and the consumer's choice as point E in (a). 'The IC is convex to the origin. (b). The IC is concave to the origin. (c). Goods x and y are perfect comple e s. each of these diagrams. E must be a point on the IC.
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