Can you please help with question number 6?

3. Are there any goods that are income inferior to you? If so, what makes them income inferior? 4. Are any goods Veblen goods to you? If so, why are they so? 5. What conditions of utility theory are fulfilled at all points on an individual's demand curve? 6. Consider Table 4-8 and Table 4-9 which detail the utility situations of a con- sumer whose total income is $10.50 and who must choose between buying ste- reo cassettes and magazines. (A = number of cassettes or magazines bought; B = dollars spent on cassettes or magazines; C = marginal utility of cassettes or mag- azines; D = marginal utility per dollar spent on cassettes or magazines; E = order in which choices are made by consumer.) a. Calculate columns B, D, and E for both stereo cassettes and magazines. b. What is the equilibrium combination of the two goods for this consumer? c. What will happen to the equilibrium if the price of magazines doubles to $1 each? Table 4-8 (Stereo Cassettes ($2 each) A B C D E Number Bought Money Spent MU MUS/P s Choice 60 N 50 W 40 4 30 ur 20 1 10 1 1 126 Section II: How Markets WorkTable 4-9 Magazines (50 cents each) A B C Number Bought D Money Spent E MUm MUm/Pm Choice 40 W N 30 1 20 10 0 0 7. Given the two equilibrium combinations of goods in problem 6, draw the co sumer's demand curve for stereo cassettes. Use Figure 4-12. Why does the co sumer's demand curve for cassettes have the slope it does? Figure 4-12 Graph for Problem 7 Price of Cassettes 2.00 1.50 1.00 .50 0 Quantity given the demand schedule shown in Table 4-10