Ricardo has $86 to spend, the following is his Marginal Uitility MU, amounts that he gets from consuming goods A,B,C,& D, and in column 5 is the MU for each $1 of saving. Price are as follows Pa= $9, Pb= $8, Pc = $3, Pd= $24.

A what quantities of A,B,C,D will Ricardo consume to maximize his utility? 

B How much will Ricardo save?

 

Column 1 Units A MUa 1 72 2 54 3 45 4 36 5 27 6 18 7 9 Column 2 Units B MUb 1 24 2 16 IN 200563TH MOH 3 12 4 8 7 Column 3 1 Units C MUC 1 14 2 12 3 9 4 6 5 3 6 1 7 Column 4 Units D MUD 1 36 2 30 3 24 4 20 5 18 6 16 7 12 Column 5 Number of $ Saved MU SIN AW WA NUT 5 2 4 2 5 1/4 Column 6