I. TRUE OR FALSE (6 pts each). No points will be given Without a short explanation of your answer. 1. An indifference curve is the set of consumption bundles that a consumer can afford, and between any two of which the consumer is indifferent. 2. If income increases by 20%, the price of good 1 decreases by 10%, and the price of good 2 does not change, then the consumer must be better off. 3. If the price of good 2 is $102 and the consumer's income is $772, then the consumer's income measured in units of good 2 in g. 4. The binary relation \"harder or equally hard\" used to compare Econ 201 assignments is complete and transitive. 5. The demand function species the quantity consumed for any price p > 0 when the consumer's income is xed at some level m