3 . Finding consumer equilibrium Simone enjoys consuming both guacamole and salsa. Each jar of guacamole costs P = $1, and each jar of salsa costs Ps = $2. Suppose that Simone buys 300 jars of guacamole and 200 jars of salsa per year. The following graphs show her marginal utility curves for guacamole and salsa. At her current consumption level, Simone's marginal utility from consuming the last jar of guacamole she bought is MUg = 30 utils per jar, and her marginal utility from consuming the last jar of salsa she bought is MUs = 30 utils per jar. 50 -+ w0 + 30 .- MU OF GUACAMOLE (Utils per jar) + 1 20 =+ I 1 1 1 1 l 0 } } } + i 0 100 200 300 400 500 600 GUACAMOLE (Jars per year) Is Simone currently maximizing her utility? \" > - A8 MU OF SALSA (Utils per jar) 60 50 40 30 20 - 1 + 1 1 1 T 1 1 -vOllOl! o 100 200 300 400 500 600 SALSA (Jars per year) O Yes; the marginal utility she receives from her last jar of guacamole equals that of her last jar of salsa. O No; she could buy more salsa and less guacamole, not spend any more money, and be better off. O No; she likes salsa and guacamole more than other goods, so she should buy more of both. ) ) No; she could buy less salsa and more guacamole, not spend any more money, and be better off. 2 &) For each of the following combinations of guacamole and salsa, calculate the marginal utility per dollar from the last jar of guacamole and the last jar of salsa. Then, use the dropdown menus in the last column to indicate which of the combinations satisfy the condition for consumer equilibrium. Guacamole Salsa MU MU Combination (7ars per Year) o (Jars per Year) pss Consumer Equilibrium? Suppose Simone has a "snack budget" of $1,355 per year, which she spends on guacamole and salsa. To maximize her utility, Simone will purchase :jars of guacamole and :jars of salsa per year