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this is my question, thx! Radu likes to eat cheese while drinking wine. He has a weekly gourmet budget of $240. In the diagram below,

this is my question, thx!

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Radu likes to eat cheese while drinking wine. He has a weekly gourmet budget of $240. In the diagram below, cheese is on the horizontal axis and wine is on the vertical axis. The intercepts are 8 bottles on the wine axis and 4 kilos on the cheese axis. Radu has also been observed to buy 2 kilos of cheese and 4 bottles of wine. Budget Line with price and income changes 10 (7,9) 8- wine (bottle) 6- 4- 2. 2 6 8 9 10 11 Reset cheese (kilo) a) Draw the budget line in the graph above using the initial drop-down. b) What are the prices of wine and cheese? (Make sure your answers are accurate to two decimal places) Price of a bottle of wine = $0 Price of a kilo of cheese = $0 c) Suppose that the price of a bottle of wine increases to $60, but that Radu's income simultaneously increases by $60. Draw the new budget constraint in the graph above using the second drop-down

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