Suppose Rina has a yearly budget of $120 to spend on milk and yogurt. Milk is priced at $2 per gallon, and yogurt is priced at $6 per container. If Rina spends her entire $120 on milk, she can buy gallons of milk. If she spends her entire $120 on yogurt, she can buy containers of yogurt. Use the blue line (circle symbol) to plot Rina's budget constraint on the following graph. Next, use the orange point (square symbol) to shade the area that represents combinations of milk and yogurt that are affordable for Rina. Finally, place the black point (plus symbol) on the point on Rina's budget constraint that corresponds to a scenario in which Rina spends $60 on each good. Note: Dashed drop lines will automatically extend to both axes ? O BC, ($120) Affordable Region 6 8 8 8 8 8 8 8 8 8 : 5 YOGURT (Containers) $60 on Each A BC, ($240) 10 20 30 40 50 60 70 80 90 100 110 120 MILK (Gallons) What does the slope of Rina's budget constraint represent? The cost of an additional gallon of milk in terms of dollars The opportunity cost of an additional gallon of milk in terms of containers of yogurt O The cost of an additional container of yogurt in terms of dollars The opportunity cost of an additional container of yogurt in terms of gallons of milk Suppose Rina receives $120 from her grandmother and decides to dedicate this money to buying more milk and yogurt. Using the green line (triangle symbol), draw Rina's new budget constraint on the preceding graph. True or False: Rina faces the same tradeoff between milk and yogurt. True O False