Question

Exhibit 2

Oranges

Apples

Units

Total Utility

Units

Total Utility

0

0

0

0

1

30

1

44

2

56

2

82

3

78

3

116

4

96

4

146

5

110

5

170

Refer to Exhibit 2. Assume that the price of apples is $4 per unit, while the price of oranges is $2 per unit, and Cindy allocates $10 of the weekly food budget to purchasing apples and oranges. Assume Cindy spends all her income. If Cindy wants to maximize her utility, her new consumption bundle will consist of

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