Economics 12

Answer the question based on the table below showing the marginal utility 12 schedules for product X and product Y for a hypothetical consumer. The price of product X is $3.50, and the price of product Y is $2. The income of the consumer is $13. Product X Product Y eBook Quantity MUX Quantity MUY 1 32 1 24 2 28 2 20 3 24 3 16 4 20 4 12 5 16 5 8 If the consumer buys both product X and product Y, how much will the consumer buy of each in order to maximize utility? Multiple Choice 1X and 5Y O 4X and 1Y O 3X and 2Y O 2X and 3Y