Question: Ping-yi is concerned about whether she is making an optimal consumption decision with respect to the quantities of bagels and pancakes she is consuming. Her

Ping-yi is concerned about whether she is making an optimal consumption decision with respect to the quantities of bagels and pancakes she is consuming. Her marginal utility of one more bagel is 6 utils, and her marginal utility of one more pancake is 3 utils. Bagels cost 75 cents each, and pancakes cost 50 cents each. Based on these facts, Ping-yi should: This question cannot be answered without more information. not change her consumption of either bagels or pancakes. decrease her consumption of bagels and increase her consumption of pancakes. increase her consumption of bagels and decrease her consumption of pancakes

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