ADVANCED QUESTION ON CONMER CHOICE QUESTION 2 Assume that a person consumes two goods, Coke and Snickers. i. ii. Use a graph of indifference curves and a budget constraint to demonstrate how the consumer adjusts his/her optimal consumption bundle when the price of Coke decreases. Carefully label all curves and axes. Graphically illustrate what will happen to consumption if Coke is a normal good? Explain what will happen to consumption if Coke is an inferior good? (Remember to explain the possible change when the income effect dominates and when the substitution effect dominates.)