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Please take your time and thank you! In the diagram below, IC1 is an indifference curve joining all the combinations that give the same level

Please take your time and thank you!

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In the diagram below, IC1 is an indifference curve joining all the combinations that give the same level of utility as A. Combination B is not on IC1. Grade Hours of free time per day 1. Does cambination B give higher or lower utility than combination A? How do you know? 2. Draw a sketch of the diagram, and add another indifference curve, IC2, that goes through B and crosses IC1. Label the point at which they cross as C. 3. Combinations B and C are both on IC2. What does that imply about their levels of utility? 4. Combinations C and A are both on IC1. What does that imply about their levels of utility? 5. According to your answers to (3) and (4), how do the levels of utility at combinations A and B compare? 6. Now compare your answers to (1) and (5), and explain how you know that indifference curves can never cross

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