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1. Indifference CurvesDraw indifference curves to represent the following consumer preferences. For each set ofpreferences draw two indifference curves U1 and U2, such that U1 > U2. (Use a separategraph each time to avoid a catastrophic mess).a. I like both peanut butter and jelly, and always get the same satisfaction from anonce of peanut butter than I do from 2 ounces of jelly.b. I like peanut butter but neither like nor dislike jelly.c. I like peanut butter, but dislike jelly.d. I like peanut