Suppose that as a consumer you have $34 per month to spend for entertainment, either on movies which cost $6 each or on ice cream which cost $4 each. Suppose further that your preferences are given by the following total utility table. 1 2 3 4 5 6 1 _\"--EI--MIEI WEI-m a. Should you purchase movies or ice cream first? How can you tell? lHint: Use the utility maximizing rule.)I {3 points} b. Use the utility maximizing rule to identify the consumer equilibrium. What combination of movies and ice cream will maximize your total utility? (Hint: What should you purchase second. third, etc. until you exhuast your budget?) {2 points]I 0. Explain the process you used to confirm that the consumer equilibrium you identified in part b generates the highest combined utility of any affordable combination of goods. A full credit answer will correctly discuss MU. l4 points} Can social welfare be measured by "adding up" peoples' utilities? Why or why not? 1 A v B