1. Dilbert spends his entire income of $50 a month on hours of internet access (x) and other goods (y). Draw is budget constraint for each of the following situations. Please use a separate graph for each part and label all axes and intercepts.

(a) The price of all other goods is $1 and the price of internet access is $5 per hour.

(b) The prices are the same as in part (a), but Dilbert's grandmother sends him an extra $20 per month.

(c) Now assume, Dilbert's grandmother isconcerned Dilbert is not using enough Internet time, so the $20 per month, comes with the stipulation that it must be used only for Internet usage.In drawing this budget line, also insert indifference curves and show why Dilbert would likely be worse off than inb.