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6. (5 points) When the price of bananas is $1 per pound while the price of apples is $2 per pound, Angela consumes 6 bananas
6. (5 points) When the price of bananas is $1 per pound while the price of apples is $2 per pound, Angela consumes 6 bananas and 4 apples. A new pesticide causes the supply of apples to significantly increase, which sharply decreases their price to $1 per pound. Angela's new optimal consumption bundle after the price change consists of 4 bananas and 10 apples. We also know that the bundle of goods that would have been chosen at the new prices while maintaining Angela's utility experienced before the price change is 5 bananas and 6 apples. What is the income effect of the chnge in the price of apples on Angela's consumption of apples? N 6 4 - 4
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