economics problems

\f32 a. Orange juice and apple juice are known to be perfect Substitutes. Draw the appropriate pricecowamption curve (For a variabfe price oF orange juice) and incomecowamption curve (a. LeFt shoes and right slaoes are perFect complements. Draw the appropriate priceconsumption and incomeconsumption curves. \f34. Judy has decided to allocate exactly $500 to college textbooks everg gear) even though sine knows that tine prices are likely to increase log 5 to 10 percent per gear and that slne will be getting a substantial monetarg gilt From her grandparents next year. What is Jadg's price elasticity ol' demand For textbooks? income elasticity? 35'. The ACME Corporation determines that at current prices the demand For its computer chips has a price eiasticitg 0F 2 in the short run, while the price eiasticitg For its disk drives is 1. a. H3 the corporation decides to raise the price oF both products by 10 percent, what wil'i happen to its safes? To its safes FEVEnue? {7. Can you tefi From the avaiiaiaie information which product wiii generate the most revenue? if ges, why? he not, what additional inFormation do you need