Question: Find text or tools Sarah spends $ 1 2 0 a year on movie tickets and ice cream. The table below shows her utility from

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Sarah spends $120 a year on movie tickets and ice cream. The table below shows her utility from each good. The price of a movie ticket is $5 and the price of ice cream is $5 per gallon
a) Complete the table-(2 marks)
\table[[\table[[Quantity],[(movies per],[year)]],\table[[TU from],[movies]],\table[[MU from],[movies]],\table[[(MU/P) for],[movies]],\table[[Quantity],[(gallons of],[ice cream per],[year)]],\table[[TU from ice],[cream]],\table[[MU for],[ice cream]],\table[[(MU/P)],[for ice],[cream]]],[0,0,,0,0,,,],[4,80,,4,120,,,],[8,152,,8,224,,,],[12,216,,12,312,,,],[16,272,,16,384,,,],[20,320,,20,440,,,],[,,,,,,,]]
b) Conclude whether or not Sarrah follow the law of diminishing MU-(1.5 marks)
c) What is your optimal combination of movies and ice cream?-(3 marks)
d) Draw the Iotal utility (TU) and Marginal Utility (MU) for movies and then conclude-(2 marks)

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