Given the preceding graph and knowing the price of a latte is $4, Crystal's available income for lattes and scones is-_ Using the income amount you just computed, complete the following table by nding the price of a scone when 8C1 represents Crystal's budget constraint and when BC; represents her budget constraint. Then indicate the quantity of scones consumed in each of those scenarios. Price Consumption when Crystal's budget constraint is... (Dollars per scone) (Scones) Ba Q S Be: E E Given the price-quantity combinations from the preceding table, use the blue line (circle symbol) to plot Crystal's demand for scones on the following graph. Hint: Assume that Crystal's demand for scones is a straight line. You should derive two points on the demand curve from the preceding graph. Then place the blue line on the following graph so that it passes through these two points. ~ (:9 omework (Ch 21) place the blue line on the following graph so that it passes through these two points. 10 O Demand PRICE (Dollars per scone) N 6 8 10 12 14 16 18 20 QUANTITY (Scones) Grade It Now Save & Continue Continue without saving MacBookCrystal lives in Detroit and enjoys drinking lattes and eating scones. The price of a latte is held constant at $4 throughout this problem. On the following graph, the purple curves (/1 and 12) represent two of Crystal's indifference curves. The lines BC, and BC2 show two budget constraints. Points X and Y show Crystal's optimum consumption bundles subject to these budget constraints. 20 18 16 14 12 10 LATTES N N BC. BC, 2 8 10 12 14 16 18 20 SCONES