A. Using the following information and the GRAPH VII (following page): 1) Graph the Budget Constraint line that corresponds to a Total income of $3,200; with the price of Good Y = $20.00/unit and the price of Good X = $9.41. (Label this Budget Constraint as BC1). 2) What is the highest level of utility achievable from this Budget Constraint? (i.e. TU = 3) For the Budget Constraint Bc1, identify/quantify and label the "utility-maximizing" consumption amounts of Good X and Good Y.

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