Identify the choice that best completes the statement or answers the question. In answering questions 4 to 8, you must show all your steps and derivations to receive full marks.
Questions 4 and 5 refer to an individual whose utility function is given by
𝑈(𝑥,𝑦) = 4𝑥 + 2𝑦
4. [5 Points] With this utility function, the bundle (3,2) provides the same utility as the bundle
a. (2, 3).
b. (2, 4).
c. (2, 5).
d. (3, 3).