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(Frank) Paula, a former actress, spends all her income doing the two things she loves: attending plays and going to movies. Plays and movies are

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(Frank) Paula, a former actress, spends all her income doing the two things she loves: attending plays and going to movies. Plays and movies are perfect substitutes for Paula and she likes plays exactly twice as much as she likes movies. You do not need to show work as long as you do all parts of the question (ie: label, fill-in the-blank, etc.). a. Carefully draw any two representative indifference curves (with plays on the vertical axis and movies on the horizontal axis). Label them such that U2>U1. You can use increments of 2 on the axes. b. (Use a different color) Paula earns $200 per month. If play tickets cost $25 and movie tickets cost $10 each, draw and label her budget constraint. c. Label Paula's utility maximizing choice point \"M" and fill in the blanks: To maximize utility, Suzie should attend movies and plays each month. d. At point M, MRSMP Pmle. Fill in the blank with: \">" or "=" or "U2>U1. c. Label the following two points in your graph: Bundle A (50 Jelly and 20 Peanut Butter) and Bundle B (30 Peanut Butter and 40 Jelly). Refer to your graph to explain whether David gets more satisfaction from Bundle A or Bundle B

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