For the next seven questions, assume a consumer buys food and drink. As shown in the diagram below, the consumer experiences an increase in the price of food, shifting his budget line from BCO to BCl. The consumer's income is 200. The optimal bundle on each budget line is shown. Drink Figurv 1: Hicksiun Dvcmnpositiun MONASH University my 9 |ms.monash.edu o ' @@@@@mmm / Lecture 2: Consumer (I) / Quiz 2 (Assignment 2) Information \\V Flag question Quiz navigation For the next three questions, the diagram below shows a consumer's preferences over right shoes and left shoes. As shown in the diagram, the two are perfect complements. The consumer's income is $10. . . The budget constraint is initially BCO, where both prices are equal to $1. The diagram shows that the HICkSIan price of left shoes increases to $4, which shifts the budget constraint to BC1. Right Shoes 10 Left Shoes Decomposition jimmmw 6 7 Perfect complements DIE" Finish attempt