Question: 10. Deriving demand from an indifference map Dina recently moved to San Francisco, where they developed a taste for drinking Americanos and eating danishes. As

 10. Deriving demand from an indifference map Dina recently moved to

10. Deriving demand from an indifference map Dina recently moved to San Francisco, where they developed a taste for drinking Americanos and eating danishes. As throughout this problem that the price of an Americano is held constant at $4. On the following graph, the purple curves (1, and 12) describe two of Dina's indifference curves. The lines BC, and BC, represent two budget constraints. Points X and Y show Dina's optimal consumption bundles subject to the budget constraints. AMERICANOS DANISHES Given the preceding graph and knowing the price of an Americano is $4, Dina's av Using the income amount you just computed, complete the following table by finding the price of a danish when BC, represents Dina's budget constraint and when BC, represents her budget constr at. Then indicate the quantity of danishes consurred in each of those scenarios Price Consumption When Dina's budget constraint is... (Dollars per danish] (Danishes) BC1 BC2 Given the price-quantity combinations from the preceding table, use the blue line (circle symbol) to plot Dina's demand for dan hes on the following graph. Hint: Assume that Dina's demand for danishes is a straight line. You should derive two points on the demand curve from the preceding graph. Then place the blue line on the following graph so that it passes through these two points, O- Demand PRICE (Dollars per danish) 12 14 16 10 QUANTITY (Danishes)

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