Question: Problem 2 . An 8 - year Lizzie consumes cherries and apples. Her demand function for cherries is q c = m - 3 0

Problem 2. An 8-year Lizzie consumes cherries and apples. Her demand function for cherries is qc=m-30pc+20pa, where m is her income, pc is price of cherries, and pa is price of apples. Lizzie's income is $100, and the price of apples is $1.
(a) Are cherries and apples substitutes?
(b) What is Lizzie's demand function for cherries, when her income is $100 and price of applies is $1.
(c) What is Lizzie's inverse demand function for cherries, when her income is $100 and price of applies is $1.
(d) At what price would Lizzie buy 30 cherries?
(e) Graph Lizzie's inverse demand function.
(f) Suppose the price of applies rises to $2.5. Write Lizzie's new inverse demand function and plot it on the previous graph.
Problem 2 . An 8 - year Lizzie consumes cherries

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