Every morning, leslie drinks coffee (c) or tea (t) with her waffles. for leslie, 1 cup ofcoffee and 1 cup of tea are that same thing, and thus her preferences can be represented byu(c, t) =c+t. a cup of coffee costs $3, and a cup of tea costs $2; leslie has $5. forthe sake of consistency, let coffee be our x-axis good (i. e., good 1), and let tea be our y-axisgood (i. e., good ) what is leslie’s best feasible bundle? (b) graphically depict the best feasible bundle (make sure to label your axes, include a b. c.,and an indifference curve() holding constant leslie’s income and the price of tea, what will be the new optimalbundle if coffee is now half off (per ) explain how the optimal consumption bundle will change if the price of coffee is thesame as the price of tea?

Suppose the government decides to issue a new savings bond that is guaranteed to double in value if you hold it for 20 years. assume you purchase a bond that costs $25. a. what is the exact rate of return you would earn if you held the bond for 20 years until it doubled in value? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. if you purchased the bond for $25 in 2017 at the then current interest rate of .27 percent year, how much would the bond be worth in 2027? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. in 2027, instead of cashing in the bond for its then current value, you decide to hold the bond until it doubles in face value in 2037. what annual rate of return will you earn over the last 10 years? (do not