Suppose that automobiles and restaurant meals are the only two commodities available in a society without time. 1. Suppose that Donna has an income of $4000 per month, automobiles lease for $500 per month, and restaurant meals are $100 each. Draw Donna's budget line, showing the horizontal and vertical intercepts. 2. Suppose that Bill has an income of $3000 per month, and Bill faces the same prices as Donna. Draw Bill's budget line, showing the horizontal and vertical intercepts. 3 Suppose that Bill chooses to lease two automobiles. How many restaurant meals has he chosen? 4 Suppose that Donna also chooses to rent two automobiles. Show Donna's consumption choice on Donna's budget line. 5 . If Bill's optimal choice yields a Marginal Utility of 600 from automobiles, then Bill's Marginal Utility from housing is Automobiles 19 8 7 6 A N Meals O 5 10 15 20 25 30 35 40 45 50 55 60