Answer question ii. a, b and c. KINDLY PROVIDE GRAPHS FOR QUESTION c. No hand writing Question 3i.Douglas allocates his budget of $24 per week to 3 goods, cereal, books andclothing. Use the table below to answer the following questionTotal Utility ofTotal Utility ofTotal Utility ofClothing25QuantityCerealВooks150752901354512060707831752052254140155a. If the price of cereal is $2, the price of books is $3 and the price of clothingis $1, at what point does Douglas maximize his utility? Explain.ii.Mr. Robinson makes $200 a week and spends his entire income on runningshoes and basketball shorts.a. Write down the algebraic expression for his budget constraint if runningshoes and basketball shorts cost $20 each. How many of each good will hebuy?b. Write down the algebraic expression for Mr. Robison's budget constraint ifthe price of basketball shorts rises to $30 each. How many of each good willhe buyc. Illustrate the results in parts (a) and (c) and provide a decomposition of theincome and substitution effect.

Income = 200 per week Cost of Running Shoes = 20 Cost of Basketball Shorts = 20

Mr. Robinson makes $200 a week and spends his entire income on running shoes and basketball shorts. a. Write down the algebraic expression for his budget constraint if running shoes and basketball shorts cost $20 each. How many of each good will he buy? b. Write down the algebraic expression for Mr. Robison's budget constraint if the price of basketball shorts rises to $30 each. How many of each good will he buy? c. Illustrate the results in parts (a) and (c) and provide a decomposition of the income and substitution effect.