10.) Jimmy's utility function isU =Apple xBanana. The price of apples used to be $4 per unit and price of bananas $1 per unit. His income is $160 daily. If the price of apples decreases to $2 and the price of banana stays the same. In order to be able to just afford his old bundle before prices change, Jimmy's would have to have a daily income of: ______

Referring to question 10, thesubstitution effectof the decrease in price of apple leads to an increase in the quantity of apple consumed by: _______(Rounded to 2decimal places if needed)

Referring to question 10, thetotal effectof the decrease in price of apple leads to an increase in the quantity of apple consumed by: _______(Rounded to 2decimal places if needed)