6. [Oct 2013] Jalapeno lack is a maximizing worker with preferences U = ZF who has non-labour income of$60 and is paid a wage of$5 per hour. If he joins a union he will he paid a wage of $20 per hour. a. Provide a labelled Indifference Curve diagram and supplementary calculations to illustrate and quantify the Income and Substitution Effects for this wage increase. Calculate and show Bundles "A", "B" and "C". the slopes and intercepts for the Budget Lines and the Compensated Budget Line. Circle True or False: lack thinks that leisure is an inferior good. The maximum membership fee that Iack would pay to join this union is