1. Derive the demand curve showing both the uncompensated demand curve and compensated demand curve for a price decrease of a Giffen good. Why is the uncompensated demand curve shaped the way it is in your graph? 2. Separate the substitution effect from the income effect for a perfect complement indifference curve for a decrease in the price of a normal good. Identify the income and substitution effect. Furthermore, derive its compensated and uncompensated demand curve. Why is the compensated demand curve shaped the way it is in your graph? 3. Suppose a person has a choice between their health as a good and risky behavior as a good in the COVID pandemic, such as large social gatherings indoors. Additionally, assume that masks reduce the price of risky behavior. Using indifference curves and budget lines, identify the substitution effect between health and risky behavior given a decrease in the price of risky behavior. Place risky behavior on the x-axis and health on the y-axis. What type of good risky behavior must be in order to worsen someone's health? What type of good risky behavior must be in order to improve someone's health? Explain your