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Part $1$

Roy has a weekly budget of$$ $$17,$ to spend on cookies and milk. The price of cookies is$$ $$2,$ and the price of milk is$$ $$3.$

Calculate marginal utility per dollar for each$$ good, and use it to complete the table below.

Cookies per period

Marginal Utility

cookies

$$MU$/$$$,$

cookie

Milk

per period

Marginal Utility

milk

$$MU$/$$$,$

milk

$1$

$18$

$$

$9$

$1$

$15$

$$

$5$

$2$

$14$

$$

$7$

$2$

$12$

$$

$$

$4$

$3$

$10$

$$

$5$

$3$

$9$

$$

$3$

$4$

$6$

$$

$3$

$4$

$6$

$$

$2$

$5$

$2$

$$

$1$

$5$

$3$

$$

$1$

Part $2$

If Roy is maximizing$$ utility, he will consume

$$

enter your response here cookies and

$$

enter your response here milk.