Chapter 2 Budget 1. Your budget is such that if you spend your entire income, you can afford either 4 units of good 3: and 6 units of good 32 or afford 12 units of good A? and 2 units of good y. {a} Mark these two consumption bundles and draw the budget line in the graph. (b) What is the ratio of the price ofx to the price of y? (c) If you spend all your income on x, how much x could you buy? (d) If you spend all your income on y, how much y could you buy? (e) Write down the budget constraint, where the prices of x and y are given by px and py