The Consumer's Budget Constraint Is $6 = 0

Multiple Choice

The consumer's budget constraint is $6 = 0.50G + P, where G is packs of gum and P is bags of pretzels. The marginal utility of pretzels is MU_P = G^0.5, and the marginal utility of gum is MU_G = 0.5G^-0.5P. The consumer's utility function is U = G^0.5P. The utility-maximizing bundle consists of _____ packs of gum and _____ bags of pretzels.

A) 8; 2
B) 4; 4
C) 2; 5
D) 6; 3