The conversation between human and AI assistant.
How do you graph indifference curves?
So, once we have those assumptions, how do we actually draw the curve?
Once we have the preferences, we can draw the indifference curve by connecting different bundles that give the same level of utility derived from the two goods. The curve slopes downwards because as we move along it, we sacrifice some of one good to gain more of the other, while still being indifferent.