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Refer to the figure above, if now John consumes the consumption bundle e, pounds of chicken 20 d 10 C e 12.5 25 pounds of burgerOA. None of these options. O B. John would prefer to buy more chicken and fewer burgers. OC. John would prefer to buy less chicken and more burgers. OD. John would prefer to buy less chicken and fewer burgers. OE. John can not increase his utility.Maria's preferences for parting and sleeping is U(S, P) - 2 . VS + P. MUs - 1 VS MUp = 1 where p is number of hours spent on parting and s is number of hours spent on sleep. Opportunity cost of sleeping and doing research is the same and equal 1 hour (pp = ps = 1). What's Maria's optimal schedule if there is only 24 hours in a day (/ = 24) OA. P = 20, S = 4 OB. P = 0, S = 24 O C. P = 15, S = 9 OD. P = 23, S = 1Bob's preferences for water (w) and coke (c) can be described by utility function U(w, c) = In(w) +c, MU. MU. = 1 If the price of a water is $1 and the price of a coke is $4, and Bob has $2, find Bob's optimal consumption bundle. OA. W = 1, c = 1 OB. W = 2, C = 0 OC. W = 4, c = -0.5 OD. W = 0, c =0.5

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