John is a typical Hood College student who enjoys ordering out for pizza and renting movies online. He makes $30 each week at a part-time job. If movies cost $2 per rental, and pizza costs $7.50 per slice, graph John's budget constraint. Then, illustrate the effects of each of the following events: (Hint: while you may show all three effects in one very cluttered diagram, it might be easier if you just draw three separate ones, with each one showing the original budget line and how that changes.) a. John gets a coupon good for 1 free slice of pizza at a local chain in the mail. b. The company from which John rents movies sponsors a one week promotion: Rent the first 5 movies at their regular price, and all movies after the fifth are half off. The company from which John rents movies sponsors a holiday week promotion: Rent the first 5 movies at their regular price, and all movies after the fifth are half off. c. John's favorite pizzeria increases the price of a slice from $7.50 to $10 D. inflation hits and prices of movies and pizza double