Lulu consumes only candy and cookies; she is currently buying more cookies than candy with her limited income. The last bag of candy gave Lulu the same additional utility as the last bag of cookies, and the prices of candy and cookies are the same. Lulu

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could get more satisfaction from the same income by buying more cookies and less candy.

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could get more satisfaction from the same income by buying more candy and less cookies.

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is maximizing utility given a limited income because the prices of candy and cookies are the same.

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none of the above

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is maximizing satisfaction given a limited income because the marginal utility per dollar is the same for candy and cookies.

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Lulu consumes only candy and cookies; she is currently buying more cookies than ...

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