Draw the indifference curve diagrams for the utility functions listed below. Plot x on the horizontal axis and y on the vertical axis. On each diagram, draw at least two indifference curves and show with an arrow in which direction utility is increasing. a. u x-2y b. u= min(4x, 4y) c. u = xy d. u= x^2+y^2

Q: c. How much total consumer surplus will each of them receive at a price of $32?

A: Last parts C and d are answered below:

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Before understanding what is preference and utility analysis, it is very important to understand the terms preference and utility separately.