Draw the Budget Line (BL) for products A and B, where product A is on the horizontal axis. Show in the picture what will happen to your BL (BL1) if one of the following happens (always starting from BL1): a. If the price of A drops by half (BL2) b. If the price of B increases 100% (BL3) c. If the new income is twice the old one (BL4)

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