Ice Cream Utility (IC) Marginal Marginal Cannoli Utility (IC) Utility/ Utility (C) Marginal Marginal Utility (C) Utility/ Price (IC) Price (C) 0 0 1 50 2 85 3 110 ? 4 130 5 145 183225 0 0 50 10 1 85 7 2 160 ? 3 220 20 4 4 270 3 5 300 ? 122880 85 8.5 75 7.5 60 6 50 5 ? What is the total utility derived from the optimal consumption bundle? Ice cream sells for $5 a pint and packs of cannoli for $10 each. a. 365 b. 380 O c. 445 d. 350

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