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1. Recall what we said about indifference curves (utility of investors). What is an indifference curve? What is the relation between utility levels and indifference curves? If we have indifference curves as follow and the relation among utility scores are I1>I2>I3, what is the preferred direction (southwest or northeast, why)? ( 25 scores) 1. Recall what we said about indifference curves (utility of investors). What is an indifference curve? What is the relation between utility levels and indifference curves? If we have indifference curves as follow and the relation among utility scores are I1>I2>I3, what is the preferred direction (southwest or northeast, why)? ( 25 scores)