please do all or i will downvote 2) Suppose you have a monthly entertainment budget that you use to rent movies and purchase CDs. You currently use your income to rent 5 movies per month at a cost of $5.00 per movie and to purchase 5 CDs per month at a cost of $10.00 per CD. Your marginal utility from the fifth movie is 10 and your marginal utility from the fifth CD is 30. Are you maximizing utility?(2) You areA. not maximizing utility because the marginal utility per dollar spent on movies is not equal to marginal utility per dollar spent on CDs. OB. maximizing utility because you are consuming an equal number of movies and CDs.OC. not maximizing utility because the price of movies is not equal to the price of CDs. D. maximizing utility because you are spending all of your entertainment budget. OE not maximizing utility because the marginal utility of movies is not equal to the marginal utility of CDs.What could you do to increase utility? You could increase utility by consuming more movies and fewer CDs moviesCDsWhat explanation might an economist provide why some people smoke cigarettessmoke cigarettes when such behavior can lead to health consequences? Some people likely smoke cigarettes because.A. they overvalue the utility to be received in the future from not getting lung cancer.B. they underestimate the future costs of current choicesC. they undervalue the utility from current choices. D. their preferences are consistent over time. E.they accurately estimate the utility from current choices.