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3. Drawing budget lines: You are going to draw three different budget lines. All three should be drawn within the same graph. Thus, please make

3. Drawing budget lines: You are going to draw three different budget lines. All three should be drawn within the same graph. Thus, please make sure that your graph is large enough to read clearly. Label each budget line separately, and include all solved numbers. PX = Price of good X. PY = Price of good Y. X = Movie tickets. Y = Theater tickets A Budget line A: Total budget = $300. Px = $15. PY = 60 Draw the budget line. Label it Budget Line A. Label the endpoint's numbers. What is the slope of budget line A? B Budget line B: Total budget = $240. Px = $12. PY = 40 Draw the budget line. Label it Budget Line B. Label the endpoint's numbers. What is the slope of budget line B? C Budget line C: Total budget = $375 Px = $25. PY = 75 Draw the budget line. Label it Budget Line C. Label the endpoint's numbers. What is the slope of budget line C? D On which of these three budget lines is the consumer best off. Explain how you know.

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