Assume Xim is 166. Please make sure graphs is done by hand!

6. (42 points) Refer to the diagram below to answer the following eleven questions. Assume the consumer has an income of $1,680. You may show your work on the graph provided in the Answer Sheet for partial credit. Y 110 -+ 100 90 7 80 + 70 + 60 50- 10 -+ IC1 30 - 20 - IC2 10 BC2 BC1 X 20 60 80 100 120 140 160 180 200 220 240 260 (a) (3 points) What is Px, ? (b) (3 points) What is PX2? (c) (3 points) What is Pr? (d) (3 points) What is X1? (e) (3 points) What is X2? (f) (3 points) What is the net effect of the price change? (g) (3 points) What is Xim? (h) (5 points) What is the substitution effect of the price change? (i) (5 points) What is the income effect of the price change? (j) (5 points) Is this a normal or inferior good? How do you know? (k) (6 points) Draw the demand curve for this good in the graph provided