a. Given the original budget constraint (drawn in red), the total number of X you should purchase is _____: b. A new budget line is drawn black; did
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a. Given the original budget constraint (drawn in red), the total number of X you should purchase is

_____:

b. A new budget line is drawn black; did the price of product X and Y change? Did it increase or fall?

c. How many fewer units of X (indicate with two letters) and Y (indicate with two letters) will a wise consumer purchase with the new budget line? (compared to your answer to question a)Screen Shot 2019-10-02 at 1.01.48 PM.png

Screen Shot 2019-10-02 at 1.01.48 PM.png

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