Practice Question Let John's utility function be U(X, Y)= XY, where X is an quantity of good X consumed and Y is the quantity of good Y consumed. The marginal utility from consuming X is MUx =Y and marginal utility from consuming Y is MUy =X. a. Fill out the following table and graph these two indifference curves. For example, on line 1 of the table you have that U(X, Y) = 10. So since U(X, Y) = XY you have XY = 10. What combination of X and Y will make this equation true? U(X, Y)=10 X 1 2 5 Y 2.5 1 U(X, Y)=20 X 1 4 8 20 Y 10 Suppose Py = $2 and Py =$2 and John has income of $20. b. Which consumption bundle of X and Y would John choose? What's his total utility at this bundle? c. Suppose John faces an income tax rate of 16.65%. what consumption bundle would John choose? What's his total utility when he maximizes his utility given the income tax