Timothy is trying to figure out what combination of bags of peanuts and bags of popcorn he should buy with his $13 budget. The price of peanuts is currently $5 per bag and the price of popcorn is currently $2 per bag. If Timothy's marginal utility from consuming his third bag of peanuts is 15 utils and his marginal utility from consuming his second bag of popcorn is 6 utils, Timothy should:
A) consume more bags of popcorn.
B) consume more bags of peanuts.
C) not change his consumption.
D) consume fewer bags of peanuts.
E) consume fewer bags of popcorn.
Correct Answer:
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