Ben Spends $50 a Year on 2 Bunches of Flowers

Multiple Choice

Ben spends $50 a year on 2 bunches of flowers and $50 a year on 10,000 litres of tap water.Ben is maximizing utility.His marginal utility from water is 0.5 units per litre.
________ more valuable to Ben than ________.
Ben's expenditure on flowers and water illustrates the paradox of value because Ben's marginal utility from flowers is ________ than his marginal utility from water and his total utility from flowers is ________ than his total utility from water.

A) Water is;flowers;greater;less
B) Water is;flowers;less;greater
C) Flowers are;water;greater;less
D) Flowers are;water;less;greater
E) None of the above because Ben values flowers and water equally