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2. Mary lives in NY. She likes to knit scarves for friends and to see Broadway plays in her spare time. She has $300 and

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2. Mary lives in NY. She likes to knit scarves for friends and to see Broadway plays in her spare time. She has $300 and 50 hours per month to spend on these leisure activities. A Broadway play takes 2.5 hours and costs $100. Knitting a scarf takes 10 hours and costs $25 for materials. > a. Draw, in a single graph, Mary's money and time budget constraints (make clear which is which). Clearly label the axes and give numbers where each line touches either axis. > b. Indicate the points that are attainable. > c. Indicate points for which Mary has sufficient money income but insufficient time. > d. Indicate points for which Mary has sufficient time but insufficient money income. > e. Indicate points for which Mary has neither sufficient time nor sufficient money income. > f. Given the attainable points, is there one in particular that you think is more likely than others to be Mary's chosen consumption point? If so, why? >

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