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Quantity of Quantity of SOUP (CUPS) TOta' Utility Sandwiches TOta' mm 1 45 2 75 3 102 4 120 5 135 5 90 6 145
Quantity of Quantity of SOUP (CUPS) TOta' Utility Sandwiches TOta' \"mm 1 45 2 75 3 102 4 120 5 135 5 90 6 145 022. Table above shows Jane's utility from soup and sandwiches. The price of soup is $2 per cup and the price of a sandwich is $3. Jane has $18 to spend on these two goods. a. If Jane maximizes her total utility, how many units of each good should she buy? Show your work. (3pts) b. Holding prices constant, when Jane's income changed from $18 to $23, her utility maximizing bundle changed. Based on your answers to her optimal choices at the two income levels, what type of goods are soup and sandwiches? Briey explain your reasoning. (3pts)
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