Antonio buys five new college textbooks during his first year at school at a cost of $80 each. Used books cost only $50 each. When the bookstore announces that there will be a 50 percent increase in the price of new books and a 50 percent increase in the price of usedbooks, Antonio's father offers him$200 extra.

What happens toAntonio's budgetline?

1.) Using the line drawingtool, graphAntonio's original budget line. Label this line L1.

2.) Using the line drawingtool, then graphAntonio's new budget line. Label this line L2.

Carefully follow the instructionsabove, and only draw the required objects.