Question 2 Consider the following diagram. This diagram depicts indifference curves of three different consumers: Elena, Peter and Tim. The}r all face the same budget constraint [the hold black line). A, B, C, D represent some of the possible consumption bundles. Answer the following questions using this graph. (This question consists of 3 parts, (a)-(c)) [10 marks] Cose MuMs (a) In the above graph (on Page 18), shade all the "Worse-than-C" bundles for Elena (assuming she likes to consume both Muffins and Coffee). [3 marks] (b) Out of the three individuals, which individual consumes Muffins and Coffee only in fixed proportions? [2 marks] (c) Do you think Point A (or consumption bundle A) is optimal for Peter? Explain why or why not. [5 marks]