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Answer the question based on the table below showing the marginal utility schedules for product X and product Y for a hypothetical consumer. The price

Answer the question based on the table below showing the marginal utility schedules for product X and product Y for a hypothetical consumer. The price of product X is $4, and the price of product Y is $2. The income of the consumer is $30.

If the consumer buys both product X and product Y, how much will the consumer buy of each in order to maximize utility?

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Answer the question based on the table below showing the marginal utility schedules for product X and product Y for a hypothetical consumer. The price of product X is $4, and the price of product Y is $2. The income of the consumer is $30. Product X Product Y Quantity MUX Quantity MUy 1 32 1 24 2 28 2 20 3 24 3 16 20 4 12 5 16 5 8 If the consumer buys both product X and product Y, how much will the consumer buy of each in order to maximize utility? Multiple Choice O 3X and 3Y O 4X and 4Y O 5X and 4Y O 5X and 5Y

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