1. The current budget line for falafel () and melon (m) is Qf-20 - 4Qm, and the price of falafel is $5. If the price of falafel falls to $4, what is the new budget equation? ANSWER: 2. Let D-drink and F = falafel. A can of drink (D) costs $1.50 and a box of falafel (F) costs $6.00. At the equilibrium point, a consumer is on an indifference curve DXF = 4 (This is the utility function) with MRS - (-4/D2). How much does the consumer spend on drink and falafel combined