Antonio buys five new college textbooks during his first year at school at a cost of ​$80 each.

Antonio buys five new college textbooks during his first year at school at a cost of ​$80 each. Used books cost only ​$50 each. When the bookstore announces that there will be a 50 percent increase in the price of new books and a 20 percent increase in the price of used​ books, Antonio’s father offers him​ $200 extra. What happens to​ Antonio’s budget​ line? ​

1.) Using the line drawing​ tool, graph​ Antonio’s original budget line. Label this line Upper L 1 .​

2.) Using the line drawing​ tool, then graph​ Antonio’s new budget line. Label this line Upper L 2 .

Carefully follow the instructions​ above, and only draw the required objects.

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