1. Suppose that the Total Benefit schedule to conduct Activities X and Y is given in the table below. Suppose the price of X = 2.00 and Y = 2.00 and budget allocation for these activities is 20 and this amount will all be spent for X and Y a. What is the combination of activities X and Y that represents the optimum level? b. What is Total Benefit at optimal level of these activities? QTY Total Benefit of X Total Benefit of Y 1 16 15 2 30 28 41 40 51 48 5 60 54 6 68 59 7 75 63 8 81 66 9 86 68 10 89 69 11 90 692. How can a firm use the constrained optimization technique to allocate advertising budget to maximize effectiveness of the firm's weekly advertising budget of $2,000 if the price of TV ad is $400 per ad and the price of radio ad is $300 per ad and the Marginal Benefit schedule is given in the table below. a. Indicate how many TV ad and how many Radio ad will be at optimal level. b. What is the total benefit at optimal level? (Don't forget that the schedule given is the marginal benefit) Number of Ads MB TV MB Radio 400 360 2 300 270 3 280 240 4 260 225 5 240 150 6 200 120