A utility function is given as U = √MB where B represents the quantity of books consumed and M represents magazines. This utility is shown via indifference curves in the diagram to the right. The level of utility at point V is (round your answer to one decimal place). The marginal utility when moving from bundle T to bundle Vis (round your answer to two decimal places). 50- Magazines (M) 45- 40- 35- € 30- 25- 20Ọ 15- 10- 5- 0- 0 T V 5 10 15 20 25 30 Books (B) 35 40 45 50

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