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Hi could you explain to me why the fourth option is incorrect 4. Dr. M lives for two periods. His utility is given by U(C1,

Hi could you explain to me why the fourth option is incorrect

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4. Dr. M lives for two periods. His utility is given by U(C1, C2)=CC2, where c, is consumption in period 1 and c2 is consumption in period 2. In the first period, he earns $200 and in the second period he earns $920. The interest rate is 15%. The price of c, and c2 is $2. His utility maximizing consumption bundle is: (1 mark) V You scored 1 / 1 mark C1 = 247.5, C2 = 284.6 C1 = 284.6, C2 = 247.5 C1 = 271.12, C2 = 311.79 C1 = 500, C2 = 575 C1 = 250, C2 = 287.5

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