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Question: 4 consider a world with two goods as above good...

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4. Consider a world with two goods as above, good 1 and good 2. In this case assume that the per unit prices are fixed as PI,P2 > 0 and income at m > 0. However, there are two wrinkles. First, there is a fixed cost k > 0 involved in receiving any strictly positive amount of good 1. In addition there is rationing of good 1, so that no more than xH 〉 0 is available at any price. Graph the budget set for the special case in which pi-p2-1, m = 10, k-2. and x derivation (much as I di H and explain your d in cl ass

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