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.Assuming that Hal spends all of his income on honey and milk, the combination of milk and honey that will maximize his total utility is _____ jars of honey and gallons of milk.
A.8; 8
B.3; 2
C.2; 4
D.1; 6
Correct Answer:

Verified
Correct Answer:
Verified
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