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help please Part III: Utility Maximizing Consumption ( 8 points) 10. Using the information provided, complete the table above by calculating both marginal utility (MU)
help please Part III: Utility Maximizing Consumption ( 8 points) 10. Using the information provided, complete the table above by calculating both marginal utility (MU) and marginal utility per dollar (MU/\$) for each quantity/utility combination. (4 points). 11. Suppose a consumer has a total budget of $26 to spend on clams and potatoes. What is the utility-maximizing combination of clams and potatoes that the consumer will purchase? For full credit, show your work by creating a table and working through the decision choices the individual will make (see in-class lectures for examples). Your table should include columns for consumer alternatives, consumer choice, marginal utility, total utility, and remaining budget. ( 4 points)
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