3. Larry and Teri allocate their consumption between two goods: hats and bats. The price of hats is $4 each and the price of bats is $8 each. For Larry, the marginal utility of the last hat consumed was 8 and the marginal utility of the last bat was 24. For Teri the marginal utility of the last hat was 6 and the marginal utility of the last bat was 12. Which consumer is not maximizing his/her utility? How can you tell? How should he/she change their allocation