An individual has initial wealth 0 equal to KES 100 and the market rate of interest () on borrowing and lending is 10%. The individual evaluates alternative consumptions using the following function: (0, 1 ) = 0 1 2 1 1 3 Let denote the indifference set containing the consumption bundle = (0, 1 ) = (60,44) . Required: i. Find 1 in the bundles having 0 = 20; 0 = 80; and0 = 100 ii. Find the marginal rate of substitution for each bundle in part (i). iii. Draw the graphs of and the consumption opportunities [(0, 1 ):0 = 0 + (1 + ) 1 ]