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The following table shows Madison's y: from consuming popcorn and Coke. Suppose that Madison has income of $14.00: the price of popcorn is $4.00: and the price of Coke is $3.00. if Madison wants to maximize her utility, how much popcorn and Coke should she buy? Popcorn Coke Quantity Marginal Utilityr Marginal Utility 1 192 144 2 144 108 3 96 7'2 4 48 36 5 24 18 6 \"I2 E3 Madison should buy D boxes of popcorn and D cans of Coke. (Enter your responses as integers.) The table below shows the demand for tickets to professional basketball games for you, Gina, and Chad. 60.00 Price You Gina Chad $10.00 10 11 50.00- $20.00 8 $30.00 6 WAGON 40.00- $40.00 4 $50.00 Price (dollars per ticket) 30.00- Use the line drawing tool to draw the market demand curve for basketball tickets (assuming the market consists of you, Gina, and Chad). Label this line 'Market Demand'. 20.00- Carefully follow the instructions above, and only draw the required objects. 10.00- 0.00- 0 2 4 6 8 10 12 14 16 18 20 22 24 26 28 3 Quantity (basketball tickets)Peter has $48.00 with which to spend on chips and salsa for a party that he is hosting. The price of a bag of chips is 24- $8.00 and the price of a jar of salsa is $4.00 22- Use the line drawing tool to graph Peter's budget constraint. Carefully follow the instructions above, and only draw the required objects. Salsa (jars of salsa) 2 4 6 8 10 12 14 16 18 20 22 24 Chips (bags of chips)Nathan has $24.00 with which to spend on Mountain Dew and Coke. The price of a 12-pack of Coke is $4.00, the price of a 12-pack of Mountain Dew is $4.00, and Nathan's initial budget constraint (Budget Constraint, ) is illustrated in the figure. Now, suppose the price of Coke decreases to $3.00. Use the line drawing tool to graph Nathan's new budget Mountain Dew (12-packs) constraint. Label this line 'Budget Constraint?' Carefully follow the instructions above, and only draw the Budget Constraint required object. 6- 4 2 4 6 8 10 12 14 16 18 20 22 2Mattie has $72.00 with which to spend on Mountain Dew and Coke. The price of a 12-pack of Coke is $6.00, the price of a 12-pack of Mountain Dew is $4.00, and Mattie's initial budget constraint (Budget Constraint, ) is illustrated in the 28- 26- figure. 24- Now, suppose Mattie's income increases to $96.00. 22- 20-Budget Constraint Use the line drawing tool to graph Mattie's new budget Mountain Dew (12-packs) constraint. Label this line 'Budget Constraint?'. Carefully follow the instructions above, and only draw the required object. 0 2 4 6 8 10 12 14 16 18 20 22 24 26 28 30 32 Coke (12-packs)The graph illustrates Jessica's preferences for pizza and Coke using indifference curves (l1, i2: 13, and J4]. Use the point drawing tool to indicate a bundle of pizza and Coke that .Jessica would prefer to bundle A (Bundle E), a bundle for which Jessica would be indifferent with bundle A (Bundle (3): and a bundle that would be inferior to bundle A {Bundle D}. Draw each bundle such that it corresponds to a level of utility represented by one of the indifference curves shown in the graph. Properlyr label the points. Carefully fotlow the instructions above, and only draw the required objects. Coke (cans per week) 0246310121415182t Pizza slices per week) The graph to the right illustrates Isabel's preferences for milk Budget Constraint and ice cream using indifference curves (1, 12, 13, and 14) and her budget constraint. Use the point drawing tool to indicate Isabel's utility- maximizing consumption bundle. Label this point 'Optimal'. Carefully follow the instructions above, and only draw the required objects. Milk (gallons per week) 2 3 4 5 7 8 9 10 11 12 Ice Cream (gallons per week)The graph illustrates Joshua's preferences for hamburgers and fries using indifference curves (1, 12, 13, and 14). 20- 18- What is Joshua's marginal rate of substitution (MRS) between bundle A and bundle B? 16- Joshua's MRS between bundle A and bundle B is (Enter 14- Bundle A your response as a real number rounded to two 12- decimal places.) Fries (orders per week) Co Bundle B 4 N 2 4 6 8 10 12 14 16 18 20 Hamburgers (per week)