Scenario. Tom has just received a $1,000 paycheck on which he spends on his two favorite goods video games and movie tickets. Video games are $50 each and Movie tickets are $10 each. a) Graph Tom's budget constraint with video games on the X-axis and movie tickets on the Y- axis. Show the budget set on your graph. b) A non-profit organization promoting the development of alternative movie theatres provides Tom with a grant of $200 that can only be spent on movie tickets (Tom doesn't care what kind of movies he sees). Show how it affects the budget line. c) Refer to the original scenario and now assume that the government imposes ad valorem sales tax on video games at the rate of 50%. i. Illustrate how the budget set is affected by this change. ii. Determine the relative price of video games in terms of movie tickets before and after tax introduction