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ECON 302 HW1, Fall 2021 Page o 3 Question 3 (28 points) Suppose that Graham enjoys painting green people. He has very particular preferences and

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ECON 302 HW1, Fall 2021 Page o 3 Question 3 (28 points) Suppose that Graham enjoys painting green people. He has very particular preferences and must have exactly 3 gallons of yellow paint for each 2 gallons of blue paint. Let Y be the number of gallons of yellow paint and B be the number of gallons of blue paint. Also, let PB be the price of blue paint. Suppose Pete has $20 to spend on paint. Also, the price of yellow paint is Py = $1 per gallon. a) Graph Pete's price consumption curve for the prices PB = $1, and PB = 2, PB = $4. Please put the number of gallons of B on the vertical axis and the number of gallons of Y on the horizontal axis. Be sure to label your graph carefully and accurately

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