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Micro Final Exam B: Please complete all parts to the 5 problem questions. (Show me your work. I will deduct points for only answers without

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Micro Final Exam B: Please complete all parts to the 5 problem questions. (Show me your work. I will deduct points for only answers without any work). Graphs generally carry more weight within the question. D all 5 Problem Questions below on your own sheet of paper. If you are having trouble uploading, e-mail me the file within a couple of minutes of submission of the exam. Your exam must be submitted. Total 100 points for 5 questions Question 1: Demand and Supply (15 points) Assume two substitute products: Chicken Burger and Cheese Burger. For both markets explain what happens for an increase in the Supply of Cheese Burger to both Cheese Burger and Chicken Burger markets. Stat what happens to Demand, Supply, Equilibrium Price, Equilibrium Quantity, Quantity Demanded and Quantity Supplies for both market. In addition draw the demand and supply for both markets for this scenario. Question 2: Budget constraint and Indifference curve Question (20 points)

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