1. Arnie has $20 per week to spend on any combination of pineapples and green tea. The price of a pineapple is $4 and the price of a bottle of green tea is $2. The table below shows Arnie's utility values. Use the table to answer the questions that follow.

Quantity of Pineapples	Total Utility	Marginal Utility	Marginal Utility per Dollar	Quantity of Green Tea	Total Utility	Marginal Utility	Marginal Utility per Dollar
1	32			1	28
2	52			2	46
3	64			3	54
4	68			4	60
5	70			5	64
6	71			6	66
7	71			7	67

1. Complete the table by filling in the blank spaces.
2. Suppose Arnie purchases 4 pineapples and 2 bottles of green tea. Is he consuming the optimal consumption bundle? If so, explain why. If not, what combination should he buy and why?

1. Define behavioral economics. What are three common mistakes that behavioral economics says consumers often make? Give an example of each mistake.