4. A. A consumer has $360. Good X costs $4 each. Good Y costs $8
each. Draw the budget line. Label it “budget line A.” Preferences
are perfect complements: utility = min{X,Y}. Both X and Y are
normal goods. Numerically solve the consumer’s budget choice. Label
it on the diagram, including the indifference curve, and all solved
numbers. B. A consumer has $400. Good X costs $6 each. Good Y costs
$7 each. Draw a new budget line, on a...