Suppose price of meat (x) is $2 a pound, price of bread is $1 per pound and the consumer, who has a current income of $100 currently consumes 40 pounds of meat and 20 pounds of bread. If price of meat goes down to $1 per pound, and the consumer's income goes down to $60, is he better off or worse off? Explain your answer with a diagram! Suppose price of meat (x) is $2 a pound, price of bread is $1 per pound and the consumer, who has a current income of $100 currently consumes 40 pounds of meat and 20 pounds of bread. If price of meat goes down to $1 per pound, and the consumer's income goes down to $60, is he better off or worse off? Explain your answer with a diagram!
How do we draw this diagram? Does it also need some calculation? draw it on ur notebook and then take a picture of it and send it to me please please...