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QUESTION 25 Tom plans to spend his income on video games and tickets to basketball games. Suppose that he has an income of $300. The

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QUESTION 25 Tom plans to spend his income on video games and tickets to basketball games. Suppose that he has an income of $300. The price of a new video game is $60, and the price of a basketball game ticket is $50. a) Draw and carefully label a budget line diagram (you may draw by hand and take a photo or use a computer-generated graph to create an image file. Use the upload image file button connected to this question to submit your graph; incorporate your answers for parts b, c, and d into your submission). b) Can he afford 2 video games and 1 basketball game ticket? Label this point on our graph as "B". c) Can he afford 8 video games and 3 basketball game tickets? Label this point on your graph "C". d) Suppose the price of video games rises to $75, while the price of basketball games and his income remains the same as before. Draw and carefully label the new budget line. NOTE: I've made this question a "file response" so you can upload an image file of your full mathematical calculations. This helps ensure you receive partial credit even if you make a small math error in your calculation. So do your calculations by hand on scratch paper and upload an image of this work via the file upload button in this question. Attach File

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