Answer to Question #64005 in Microeconomics for Faisal

Question

Suppose that the marginal utility you derive from the last slice of cheese pizza purchased is 50 utils and its price is $1.00. Also, the marginal utility you derive from the last bottle of soda purchased is 300 utils and its price is $3.00.
a) You are presently maximizing your total utility from consuming pizza and soda
b) You can increase your total utility by purchasing more pizza and less soda
c) You can increase your total utility by purchasing more soda and less pizza
d) You can increase your total utility by purchasing zero units of both goods
Please which is right answer and why