Suppose you get utility from two goods, food and clothing, and have a certain amount income....

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Suppose you get utility from two goods, food and clothing, and have a certain amount income. Explain briefly how to derive the demand curve for food while the price of clothing and the amount of income remain constant? Graph and explain briefly how a cellphone company could use quantity discount to induce its customers to purchase more data. (No need to be precise in the graph) Discuss the differences in terms of signs and relative magnitudes of the income and substitution effects of a decrease in the price of the good in the following cases. (1) Normal good (2) Inferior good (3) Giffen good Suppose your utility is given by U(F, C) = FC, MUF=C and MUC=F, prices are PF and Pc, and your income is I, what is the demand for F? Suppose you get utility from two goods, food and clothing, and have a certain amount income. Explain briefly how to derive the demand curve for food while the price of clothing and the amount of income remain constant? Graph and explain briefly how a cellphone company could use quantity discount to induce its customers to purchase more data. (No need to be precise in the graph) Discuss the differences in terms of signs and relative magnitudes of the income and substitution effects of a decrease in the price of the good in the following cases. (1) Normal good (2) Inferior good (3) Giffen good Suppose your utility is given by U(F, C) = FC, MUF=C and MUC=F, prices are PF and Pc, and your income is I, what is the demand for F?