Hi tutor, I have this question dont really know how to solve it. Can you help me with that, its Economic Analysis unit. Thank you ?

Question 2 As a student, you allocate your 24 hours a day between working (to make living and meet your consumption desire) and leisure. Assume your hourly wage rate is $18. a) Construct your budget constrain equation and illustrate your choice of utility- maximizing bundle on a diagram (with consumption on the vertical axis and leisure hours on horizontal axis). b) Now suppose that you receive a pay rise and the new wage rate is $21 per hour. With the help of a diagram, explain how this new wage rate would impact your optimal choice. c) On your diagram in part (b), decompose the overall change in leisure hours in response to the wage increase into the (i) income effect and (ii) substitution effect. (1) Do you think your answer in part (c) (i.e., income effect and substitution effect of a wage rise) would be the same as other students' answer? Explain