Question: Explain the steps please... Answer the following questions using the following information. Columns 1 and 2 in the table below show the marginal utility that

 Explain the steps please... Answer the following questions using the following

Explain the steps please...

information. Columns 1 and 2 in the table below show the marginal

Answer the following questions using the following information. Columns 1 and 2 in the table below show the marginal utility that Cody gets by purchasing products Aand B. Column 3 shows the marginal utility Cody gets from saving. Assume that the price of A is $10, the price of B is $15, and Cody has an income of $104. a) Find the following series of MU/$ for each column. Note: Keep as much precision as possible during your calculations. Your nal answer should be accurate to at least two decimal places. 1 1 1 2 2 2 3 3 3 4 4 4 5 5 5 6 6 6 7 7 7 8 8 8 b) What quantities of Aand B will Cody purchase in maximizing his utility? Quantity of A: Quantity of B: c) How many dollars will Cody save? Dollars Saved = $I

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