Question: group assignment need assistance with this question (4-marks) D)+ Suppose.Eve allocate $3000 of her monthly income to the purchase of cheese cakes and soda of

group assignment need assistance with this question

(4-marks) D)+ Suppose.Eve allocate $3000 of her monthly income to the purchase of cheese cakes and soda of which she receives a marginal utility of 1200 for cheese cake and-400 for soda i. - Illustrate the Eve-budget lines when the price of cheese cake increase by $1007 (4 marks) ii. - Use the Utility Maximization Rule to determine how many units of cheese cake and sodas that Eve would buy at John's Bakery when the price of cheese cake increase by $1005

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