3.Suppose you are given the following equation for a budget constraint:

Good Y = -6*Good X + 600

Answer each question.Show your work.

a)If the price per unit of Good Y is $2, what must be the price of Good X?

b)What is the maximum amount of Good X this consumer would be able to purchase?

c)If this consumer purchases 15 units of Good Y, what quantity of Good X could he/she purchase? Round any decimal to nearest whole number.

4.If you have the following equation for a budget constraint:

Good B = -4*Good A + 1,000

How could you calculate the amount of consumer income?Assume the price of Good A is $4.Show your work