Question: The table below shows the marginal utility, which a consumer would get from successive quantities of products J and K. If the consumer has a

The table below shows the marginal utility, which a consumer would get from successive quantities of products J and K. If the consumer has a money income of $26 and the prices of J and K are $4 and $2 per unit respectively, the consumer will maximize her utility by purchasing Units MUJ- Units Mer of J of K 1 56 l 32 2 48 2 28 3 32 3 24 4 24 4 20 5 20 5 l2 6 16 6 IO 7 12 7 8 Select one: a. 6 units of J and 1 unit of K. 1 unit J and 2 units of K. 7 units of J and 5 units of K. 4 units of J and 5 units of K. 3 units of J and 7 units of K. 99.0.5

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