(Figure: Utility Table I) in the Table, Assume That a Consumer

question 31

Multiple Choice

(Figure: Utility Table I) In the table, assume that a consumer has a budget of $8, pizza costs $2 per slice, and soda costs $1 per can. Utility will be maximized by buying:
$\begin{array}{l}\quad\quad\quad\quad\quad\text { Pizza } \quad\quad\quad\quad\quad\quad\quad\quad\quad\text { Soda }\\\begin{array}{|c|c|}\hline \text { Quantity } & \text { Total Utility } \\\hline 0 & 0 \\\hline 1 & 72 \\\hline 2 & 108 \\\hline 3 & 126 \\\hline 4 & 137 \\\hline 5 & 144 \\\hline\end{array}\begin{array}{c|c|}\hline \text { Quantity } & \text { Total Utility } \\\hline 0 & 0 \\\hline 1 & 48 \\\hline 2 & 84 \\\hline 3 & 108 \\\hline 4 & 120 \\\hline 5 & 127 \\\hline\end{array}\end{array}$

• A) 4 slices of pizza and 0 can of soda.
• B) 3 slices of pizza and 2 cans of soda.
• C) 2 slices of pizza and 4 cans of soda.
• D) 1 slice of pizza and 6 cans of soda.

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