Question
Show that higher IC offers higher level of satisfaction.
✓
Answer
Consider points R (on the lower IC) and S (on the higher IC).
Both at R and S, consumer has OK (same) amount of Good-Y. But at S, the consumer has $OL _1$ amount of Good-X which is greater than OL (the amount of Good-X at point R).
We know, more of a good means more satisfaction owing to monotonic preferences.
Hence, the conclusion that $IC _2$ offers higher level of satisfaction than $IC _1$.
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