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Arnold has budgeted $90 per month to spend on wine and pizza. The wine he purchases is priced at $10 per bottle and the price

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Arnold has budgeted $90 per month to spend on wine and pizza. The wine he purchases is priced at $10 per bottle and the price of his preferred cheese pizzas is $5 per pizza. On the graph below, show his original budget constraint (call it B1) and also draw in his budget constraint if the price of his favorite wine increases to $15 per bottle; label this budget line B2.

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Bottles of Wine 101 8 61 4 Pizzas 21 2 4 6 8 10 12 14 16 18 20 22 24 26

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