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The table shows the different combinations of goods that Jerry can consume, given that his budget to spend on these two items is $9. The

The table shows the different combinations of goods that Jerry can consume, given that his budget to spend on these two items is $9. The price of jelly candies is $2/bag. The price of ice cream cones is $1/cone.

Bags of jelly candies Utility from jelly candies Number of ice cream cones Utility from ice cream cones
0 0 0 0
1 560 1 240
2 800 2 340
3 930 3 405
4 990 4 445
5 1010 5 460

What bundle of two goods is optimal for Jerry, _____ bag(s) of jelly candies and _____ ice cream cone(s)?

1, 5

2, 5

3, 3

4, 2

explain

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