The table given shows the marginal utility a consumer receives from purchasing take-out food and lattes each week. The price of a take-out meal is $15, and the price of a latte is $5. What is the utility-maximizing bundle of take-out and lattes for a consumer with a weekly income of $45 (all of which will be spent on take-out and lattes)? How does it change if income increases to $75? What is the bundle then?

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The Answer of The table given shows the marginal utility a consumer receives from purchasing take-out food and lattes each week. The price of a take-out meal is $15, and the price of a latte is $5. What is the utility-maximizing bundle of take-out and lattes for a consumer with a weekly income of $45 (all of which will be spent on take-out and lattes)? How does it change if income increases to $75? What is the bundle then?

The Table Given Shows the Marginal Utility a Consumer Receives