(Table: Optimal Choice of Milk and Honey) Hal's Total Utility

question 309

Essay

(Table: Optimal Choice of Milk and Honey) Hal's total utility from consuming milk and honey is given in the table.The price of milk is $2 per gallon, and the price of honey is $4 per jar.Hal's income is $16.If he spends all of his income on milk, the most he can buy is _____ gallons, and his total utility will be_ _.
A.4; 104
B.6; 12
C.8; 144
D.8; 4

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