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QUESTION 4 4A. Draw an indifference map of three indifference curves for good W and good Q. 4B. Draw a budget line tangent to the
QUESTION 4 4A. Draw an indifference map of three indifference curves for good W and good Q. 4B. Draw a budget line tangent to the middle indifference curve. 4C. Change the budget line if the price of good Q decreases with the new budget line tangent to an indifference curve. 4D. Map out a demand curve for good Q with the two points, q1 and pl for initial price and quantity and q2 and p2 for the lower price and new quantity demanded of good
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