Essay
Use the following to answer question:
-(Table: Utility from Coffee and Comic Books) Look at the table Utility from Coffee and Comic Books. Your eccentric professor has a daily budget of $40, and he spends it entirely on coffee and comic books. Each comic book is priced at $8 and each cup of coffee is priced at $4. To maximize his utility, how many cups of coffee and how many comic books should he buy? How many total utils will he enjoy?
Correct Answer:

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