7. The price of a pack of Pokemon cards is $5, and the price of a pack of baseball cards is $2. Suppose Abbay, whose preferences are complete, transitive, monotonic, and convex, uses all of his income to buy 4 packs of Pokemon cards and 4 packs of baseball cards. At this consumption bundle, you could take away 2 packs of Pokemon cards if you give him 3 packs of baseball cards without changing his utility. Which of the following is necessarily true? (a) Abhay could increase his utility by buying more Pokemon cards and less baseball cards. (b) Abhay could increase his utility by buying more baseball cards and less Pokemon cards. (c) Abhay could increase his utility by buying less Pokemon cards and less baseball cards. (d) Abhay is at a corner solution and is maximizing his utility. 8. Jane regards tangerines (7) and clementines (() as perfect substitutes and is always willing to trade 3 clementines for 2 tangerines. Which of the following statements is true? (a) Jane will consume only tangerines if Pre Pc. (b) Jane will consume only tangerines if Pr > Pc. (c) Jane will consume only clementines if Pe - Pr