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Question: i draw an indifference curve associated with each of the...

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I. Draw an indifference curve associated with each of the following preferences. Be sure to label your graphs appropriately. Additionally, write down a utility function that represents each of these preferences. a. Ernest the tea party maniac always has 4 lumps of sugar with each cup of tea. b. Algernon the hypochondriac is only interested in the quantity of acetylsalicylic acid (ie. aspirin) in medicine. Super-strength aspirin has four times the amount of salicylic acid as Regular-strength aspirin. c. Cecily the smoker regards cigarettes and cigars as imperfect substitutes. She is indifferent between the following combinations of cigarettes and cigars: (12, 2), (8

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