Question: Answer the question based on the table below showing the marginal utility schedules for product X and prouduct y for a hypothetical consumer. The price
Answer the question based on the table below showing the marginal utility schedules for product X and prouduct y for a hypothetical consumer. The price of product x is $3.50 and the price of product why is $2. the income of the consumer is $13
Product x.Product y
Quantity Mux.Quantity Muy
1 321 24
2 28 2 20
3 243 16
4 20 4 12
516 5 8
If the consumer buys both product X and product Y, how much will the consumer buy of each in order to maximizeutility?
Multiple choice
A.1x and 5y
B.4x and 1y
C.3x and 2y
D.2x and 3y
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