6 144 4. Claudia lives in Cambridge, and allocates her monthly income of $500 between DVDs and shoes. The price of each DVD is $10 and the price of each pair of shoes is $50. a) Draw Claudia's budget constraint on a well-labeled graph, with DVDs on the horizontal axis. b) Assume that Claudia considers one pair of shoes to be perfect substitute to one DVD. Draw Claudia's indifference curves. Show Claudia's optimal consumption bundle. c) Now assume that Claudia only cares about shoes. She gets no utility or disutility from buying DVDs. Draw Claudia's indifference curves. How many DVDs and pairs of shoes does she buy at her optimum