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Kate recently moved to Miami, where they developed a taste for drinking Amencanos and eating danishes, Assume througheut this problem that the price of an

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Kate recently moved to Miami, where they developed a taste for drinking Amencanos and eating danishes, Assume througheut this problem that the price of an Americano is held constant at 53 . On the following graph, the purple curves (I1 and I2 ) describe two of icate's indifference curves, The lines BC1 and BC2 repeesent two budget constraintw. Polints X and Y show Kate's optimal consumption bundles subject to the budget constraints. Given the preceding graph and knowing the prica of an Americano is $3. Kate's available income for Americanos and danishes is Using the income amount you yutt computed, cemplete the following table by findong the price of a danish when BC. represents Kate's budget constraint and when BC represents her budget constraint. Then indicate the quantity of danishes censumed in each of those scenaries. Given the price quanbty combinations from the preceding table, use the blue line (circle symbol) to olot Katn's decmand for danishes on the fallowing graph Hinti Assume that Kate's demand for danishes is a straight lina. You should derive two points en the demand curve from the preceding graph. Then place the blae line en the folloving greph so that it parves through these tro points. Kate recently moved to Miami, where they developed a taste for drinking Amencanos and eating danishes, Assume througheut this problem that the price of an Americano is held constant at 53 . On the following graph, the purple curves (I1 and I2 ) describe two of icate's indifference curves, The lines BC1 and BC2 repeesent two budget constraintw. Polints X and Y show Kate's optimal consumption bundles subject to the budget constraints. Given the preceding graph and knowing the prica of an Americano is $3. Kate's available income for Americanos and danishes is Using the income amount you yutt computed, cemplete the following table by findong the price of a danish when BC. represents Kate's budget constraint and when BC represents her budget constraint. Then indicate the quantity of danishes censumed in each of those scenaries. Given the price quanbty combinations from the preceding table, use the blue line (circle symbol) to olot Katn's decmand for danishes on the fallowing graph Hinti Assume that Kate's demand for danishes is a straight lina. You should derive two points en the demand curve from the preceding graph. Then place the blae line en the folloving greph so that it parves through these tro points

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