Question: please answer the following Answer the question on the basis of the following total utility data for products L and M. Assume that the prices

please answer the following

please answer the following Answer the question on the basis of the

Answer the question on the basis of the following total utility data for products L and M. Assume that the prices of L and M are $1.5 and $2, respectively, and that the consumer's income is $12.5 Units of L Total Utility Units of M Total Utility 1 9 1 16 15 2 28 18 3 36 26 5 40 21 5 42 How many units of the two products will the rational consumer purchase? Multiple Choice O 5 of L and 2 of M O 4 of L and 3 of M O 1 of L and 5 of M O 3 of L and 4 of M

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