At his utility maximizing bundle, Jim has marginal utility of 10 for beef snacks and marginal utility of 30 for carrot juice. Which of the following is true?

Question 32 options:

1)	Jim receives higher total utility from carrot juice.

2)	Jim receives higher total utility from beef snacks.

3)	Jim is willing to trade 3 units of carrot for one more beef snack.

4)	Jim’s MRS of carrot juice for beef snacks is 300

5)	Carrot juice costs three times as much as beef snacks.