5. (20 points total) Clair consumes only goods X and Y and likes both goods. Her preferences over goods X and Y are described by the indifference curves U1 and U2 in the graph below. good y 10 A B C u. good X 14 Her budget constraint is described by the blue line in the graph. A. (6 points) What happens to Clair's level of satisfaction (utility) if the government rations good X and allows her to purchase no more than 4 units of good X? No more than 8 units of good X? No more than 12 units of good X? B. (6 points) What would happen if the government instead mandated (as in the case of requiring auto insurance, seat belts, and so on) that she purchases at least 4 units of good X? 8 units of good X? 12 units of good X? C. (4 points) Assume Clair has $140 to spend on both goods. Find the expression for her budget line . D. (2 points) What is Clair's marginal rate of substitution at consumption bundle B? E. (2 points) Is the MRS at consumption bundle A higher or lower than at consumption bundle B