Apple Juice PA<Po PA=Po PA>Po Orange Juice Assuming that the price of orange juice is less than the price of apple juice,the consumer will maximize her utility by consuming only orange juice.As the levelof income varies only the amount of orange juice varies.Thus,the income consumption curve will be the"orange juice axis"in the figure below. Apple Juice Budget Constraint Income C 03 U Orange Juice 4.b.Left shoes and right shoes are perfect complements.Draw the appropriate price-consumption and income-consumption curves. For goods that are perfect complements,such as right shoes and left shoes,we know that the indifference curves are L-shaped.The point of utility maximization occurs when the budget constraints,L and L touch the kink of U:and U2.See the following figureApple Juice Orange Juice U E F PA = PO PA > PO PA < PO Assuming that the price of orange juice is less than the price of apple juice, the consumer will maximize her utility by consuming only orange juice. As the level of income varies, only the amount of orange juice varies. Thus, the income consumption curve will be the “orange juice axis” in the figure below. Apple Juice Orange Juice U2 U1 U3 Budget Constraint Income Consumption Curve 4.b. Left shoes and right shoes are perfect complements. Draw the appropriate price-consumption and income-consumption curves. For goods that are perfect complements, such as right shoes and left shoes, we know that the indifference curves are L-shaped. The point of utility maximization occurs when the budget constraints, L1 and L2 touch the kink of U1 and U2 . See the following figure