Original Budget Constraint Equation: 2a + 2b = 100;

A -> Bread

B -> Wine

pA -> $2

pB -> $2

Suppose the government wants consumers to conserve bread, so it increases the price of bread to $4 for each additional loaf over 25 loaves. In other words, 26 loaves of bread will cost a consumer225+14=$54

.

Draw the budget constraint. What is the area under the new budget constraint?