The Theory Of Consumer Choice (Please send me a detailed answer with graphs finished digitally. Do not draw the graph on a piece of paper and send me a snapshot picture of it. Thank you!

1 A college student has two options for meals: eating at the dining hall for $6 per meal, or eating a Cup 0' Soup for $1.50 per meal. Her weekly food budget is $60. a. Draw the budget constraint showing the trade-off between dining-hall meals and Cups 0' Soup. Assuming that she spends equal amounts on both goods, draw an indifference curve showing the optimum choice. Label the optimum as point A. b. Suppose the price ofa Cup 0' Soup now rises to $2. Using your diagram from pl'a], show the consequences of this change in price. Assume that our student now spends only 30 percent of her income on dining-hall meals. Label the new optimum as point B. c. What happened to the quantityr of Cups 0' Soup consumed as a result of this price change? What does this result sag.r about the income and substitution effects? Explain