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Arun and Nikita buy milk and bread from the same grocery shop. Arun has 100 INR for buying eggs and bread, but Nikita has 75

Arun and Nikita buy milk and bread from the same grocery shop. Arun has 100 INR for buying eggs and bread, but Nikita has 75 INR. If the price of bread is 40 INR and price of one egg is 5 INR,

a. How much bread and egg Arun and Nikita can buy?

b. Draw the budget constraints for both Arun and Nikita.

c. Show with the help of indifference curves, the optimal consumption bundles for both.

d. If money available with Nikita increases to 100 INR, both Arun and Nikita consume the same amounts of eggs and bread?

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