economics questions

15. Ben allocates his lunch budget between two goods, pizza and burritos. a. Illustrate Ben's optimal bundle on a graph with pizza on the horizontal axis. b. Suppose now that pizza is taxed, causing the price to increase by 20 percent. Iustrate Ben's new optimal bundle. c. Suppose instead that pizza is rationed at a quantity less than Ben's desired quantity. Illustrate Ben's new optimal bundle. \f3. The price of computers has fallen substantially over the past two decades. Use this drop in price to explain Why the Consumer Price Index is likely to overstate substantially the cost-ofliving index for individuals who use computers intensively. \f\f