Question: Problem 2 . ( 1 0 points ) Antonio buys five new college textbooks during his first year at school at a cost of $

Problem 2.(10 points)Antonio buys five new college textbooks during his first year at school at a cost of $80 each. Used books cost only $50 each. When the bookstore announces that there will be a 10% increase in the price of new books and a 5% increase in the price of used books, Antonios father offers him $40 extra. level?a. What happens to Antonios budget line? Illustrate the change with new books on the verticalMicroeconomics |(UGBA 101)b. Is Antonio worse or better off after the price change? Explain.

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