The price of butter is $0.25 per ounce and the price of bread is $0.50 per pound. Channing has $10 in income. Sketch Channing's budget line. In the same graph, Illustrate the Channing's budget line for when his income increases to $20 (prices are held fixed) and when price of bread increases to $1 (price of butter held fixed at the $0.25 and income is fixed at $10).