Suppose Dina has a weekly budget of $48 to spend on milk and yogurt. milk is priced at $4 per gallon, and yogurt is priced at $2 per container. If Dina spends her entire $48 on milk, she can buy gallons of milk. If she spends her entire $48 on yogurt, she can buy containers of yogurt. Use the blue line (circle symbol) to plot Dina's budget constraint on the following graph. Next, use the orange point (square symbol) to shade the area that represents combinations of milk and yogurt that are affordable for Dina. Finally, place the black point (plus symbol) on the point on Dina's budget constraint that corresponds to a scenario in which Dina spends $24 on each good. Note: Dashed drop lines will automatically extend to both axes. What does the slope of Dina's budget constraint represent? The opportunity cost of an add additional container of yogurt in terms of gallons of milk The cost of an additional container of yogurt m terms of dollars The opportunity cost of an additional gallon of milk in terms of containers of yogurt Suppose Dina receives $12 from her grandmother and decides to dedicate this money to buying more milk and yogurt. Using the green line (triangle symbol), draw Dina's new budget constraint on the previous graph. 1. True
2. False