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Candidate number: 02502611 Course: Microeconomics Year: 2 Date: Introduction I've done a diagram for the question, which shows no shifts. Taking the two points, which were calculated like this, plotted the diagram: Income is £100 so if he/she wants to buy fish then it will be £100/£5 (this 5 is the price of the fish). So it equals 20 fish can be purchased by £100 (maximum). And the same can be done for beans £100/£3 = 33.333 but you cant buy a third of a bean so it is 33. Then I plotted the points and found the equilibrium and drawed the indifference curve. So this can all be seen in Figure 1, basis of a starting point shows the maximum and minimum utility for fish and beans combinations. Shows what the consumer can purchase with the £100. Using separate appropriate diagram in each case, show the effect on consumer's equilibrium in the following circumstances....

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