Please help me with the following:
1 Below is the marginal utilities Rachel receives from books and coffee. Units of Books Marginal lltilitvlr of looks Units of Coffee Marginal lltilitvr of Coffee 1 16 l 6 2 14 2 5 3 12 3 4 4 10 4 3 5 B 5 2 6 6 6 1 Rachel has $ $10 of income and spends it all on books and coffee. If the price of a book is $2 and the price of a coffee is $1, Rachel will maximize utility by purchasing which of the following combinations of books and coffee? 0 5 books and 3 coffees O 4 books and 4 coffees O 4 books and 2 coffees O 3 books and 6 coffees O 2 books and B coffees 'lhe table below shows the amounts of products that Company 2 can produce together. Production Level Bags of Beans Barn of Rice A 60 D B 5? l which of the following statements is true? C 53 2 0 Resources are underutilized. D 49 3 E 42 4 O The data shows a constant opportunlty cost. F 30 5 O The prots from sale of bags of beans are higher than prots from sale of bags of rice. G 25 5 O The opportunity cost of the second bag and seventh bag of rice are 53 and 0, respectively. H D 7 3. Use the graph to answer the prompt. 4. Number of Handfuls Total Benefit (dollars) 1 $2.00 IN $3.50 3 $4.50 4 $5.00 5 $5.25 6 $5.00 $4.00 Good A If a handful of dried cranberries costs $0.25, what is the optimal number of handfuls for Michelle to eat? O 1 O 2 O 3 0 4 0 5 Good B Since the opportunity curve here is illustrated as a bow-like curve that connects the vertical axis and the horizontal axis of the graph, we know that there is an increasing opportunity cost of changing production from A to B or vice versa there is a decreasing opportunity cost of changing production from A to B or vice versa it would be inefficient to produce goods A and B at the same time all manufacturers are equally suited to produce good A and good B producing goods A and B at the same time would create national debt