1. Assume that: i. Andrew, a sports fam derives utility 'om attending football and basketball games. ii. The price of each football ticket is $16; the price of a basketball game is $20. iii. Each football game takes 3 hours; each basketball game takes 2 hours. A. Assume that Andrew has $100 per month to spend on football'basketball tickets, and that he has more than enough time to attend all the games he wants. Sketch Andrew's budget constraint. B. Now assume that Andrew can only,r spend 13 hours per month at sporting events, but he has more than enough money.r to attend all the games that he wants. Sketch the budget constraint. C. Now assume that Andrew has only $100 per month to spend and only 18 hours per month available. Sketch the budget constraint, and explain why it can be characterized as having a kink. D. Suppose that Andrew's point of maximum utility occurs at the kink. What can you say about the value of the marginal rate of substitution in equilibrium? What is the MRS if the equilibrium is not at the kink