Indifference curve Similar to the budget constraint , the utility function can be rearranged as follows to give the equation for an indifference curve (for a given level of utility Un). Un = d(avc,+ bVc2) (4) " = (avc, + bvc2) (5) Un - avc, = bucz (6) dbracketleftbiggbracketrightbigg 1 Un - b d - avc = Vc2 (7 ) pareblankietheftbiggbracketrightbiggparenrightbigg Un C2 = - - avc, (8) Note that the indifference curve calculates a value of, for a given value ofc, that yields the given level of utility Un). For example, if a = b = 4, d = 0.5 and U = 20 then the equation for the in different SEkettenbig'Sracketrightbig, C2 = (1 20 - 4VC C2 = (10 ) Vc)2. Note: The assignment questions are on the following page