Edward, an entrepreneur running 'Western Food\" corner in our BIZ canteen, has become popular among NUS MBA students for his two gourmet dishes: 'Jumbo Tank' and 'Oheese Omelet ' The university regulation, however, requires him to charge the prices of $2 per Jumbo Tank and $4 per Cheese Omelet. Assume that an average IMIBA student considers a Jumbo Tank and a Cheese Omelet to be equivalent to each other in terms of the utility heI'she derives from the dishes and thus cares only about the total number of dishes. Assume also that she'he spends 31% per semester for the two dishes at 1|lll'estern Food Answer the following questions. Do graphically analyse through a student's budget line and hen-his tastes over two dishes with correct labeling to depict hethis choice. (I) (It) marks) How many of each dish would Edward expect anl'leA studentto buy during a semester? [2) (It) marks) Being a keen businessman and also aer years of getting along with the NUS economists, Edward realizes that he can further increase prots while better serving students= appetite as well. He has decided to offer J's-[BA students a equent buyer promotion whereby a student gets 3|] free Omelets yes, 30! for each 25 Omelets she-'he buys at Edward's Western Food. (Edward knows well that, given the prices, Omelets allow him a better markup and he would offer the incentive program only for Omelets but not for Jumbo Tanks.) How many of each dish would Edward expect an LEBA student to eat from the Western Food each semester alter the promotion offer