answer question3

Problem 3 a) Illustrate the consumption choice for an individual when two goods are considered "perfect substitutes" in consumption b) Illustrate the consumption choice for an individual when two goods are considered "perfect complements" in consumption. c) Illustrate the consumption choice for an individual when the horizontal axis illustrates a bad and the vertical axis illustrates and good. Identify the preferred indifference curves. d) Illustrate the consumption choice for an individual when the horizontal axis illustrates a good and the vertical axis illustrates a USELESS. Identify the preferred indifference curves. e) Illustrate the consumption choice for an individual when the both goods are considered bads and the consumer has to spend the budget