4. What is the utility maximizing rule? Describe the rule as well as state it mathematically. 5. Bob budgets $24 a week for entertainment. He splits his time between going to the movies and going to the gym. Based upon the information contained below, find Bob's utility maximizing point. First: Complete the budget constraint. (Determine what combinations are possible.) Income: $24 Movie Price: $6 Gym Session Price: $3 Movies Gym Sessions Second: Complete this chart and use it to determine the utility maximizing point. Total MU Gym Total MU Movies MU MU Utility per $ Visits Utility per $ 0 0 0 0 30 1 50 W N D 55 2 85 76 13 115 4 92 4 107 UT 103 5 111 114 D. Focus