Hello, please answer parts 1-3 for this question.

Suppose a consumer who has to decide if she wants to go to college or not. If she does NOT go, she will have low income in both periods,1,2. If she attends college, she will get a higher wage in the second period

2> 2. In the first period, she will have NO income (1= 0) and, in addition, she will have to pay tuitionin the first period. She has increasing and concave preferences over consumption in the two periods (1and2.

Assume that she does not go to school:

1. Write down the dynamic budget constraints
2. Derive the intertemporal budget constraint
3. Show graphically the budget constraint and the optimal consumption point in period 1 and in 2.