Draw a budget line for Bob who has an income of $100. Bob has a choice of consumption between two goods, Steak and Chicken. The price of Steak is $10 and the price of chicken is $5. At the current prices Bob consumers 5 units of steak and 10 units of chicken. Assume Bob has a generic Cobb-Douglas Utility function. (A) Show the effect of a 20% income tax on Bob's budget line. (B) Ignore the change in (A) and suppose innovations in synthetic meats drops the price of chicken to $2. Now Bob consumes 7 units of steak and 15 units of chicken. Decompose the change in Bob's consumption into income and substitution components