Below is the University student's completed experiment tally sheet of Jane's marginal utility "scores" and the calculation of her marginal utility per dollar, given that each sandwich costs $4.00, and each order of fries costs $2.00. Her budget is $20.

The student filled in the shaded cells based on Jane's responses, then computed the values in the remaining cells. Using this information, answer the following questions:

Student's completed experiment tally sheet. Available budget is $20.

Order of

mu (score) from 1 to 100

Price of each

$4.00

Money spent on

Order of

mu (score) from 1 to 100

Price of each

$2.00

Money spent on

Total Money Spent

Total Budget Remaining

Chicken Sandwich

mu

mu/$

Chicken Sandwich

Fries

mu

mu/$

Fries

1^st

100

25

$4.00

1^st

50

25

$2.00

$6.00

$14.00

2^nd

72

18

$4.00

2^nd

20

10

$2.00

$12.00

$8.00

3^rd

60

15

$4.00

3^rd

6

3

$2.00

$18.00

$2.00

4th

4th

Utility

232

Utility

76

Total utility for both: 308

Total spent on chicken sandwiches: $12

Total spent on fries: $6.00

Total money spent: $18.00

Total budget remaining: $2.00

. Is Jane maximizing her utility? Explain your reasoning and show any calculations. (2 points)

b. If Jane is not maximizing her utility, remembering the Law of Diminishing Marginal Utility, would she be better off to buy one less chicken sandwich and one more order of fries? Explain your reasoning and show any calculations. (2 points)

c. If Jane is not maximizing her utility with the original purchase combination, remembering the Law of Diminishing Marginal Utility, would she be better off buying just one more order of fries? Explain your reasoning and show any calculations. (2 points)

d. If Jane is not maximizing her utility with the original purchase, remembering the Law of Diminishing Marginal Utility, would she be better off buying one less order of fries and one more chicken sandwich? Explain your reasoning and show any calculations. (2 points)