Assume the price of mineral water is $2 per glass and pizza is $1.

Pieces of Pizza (per week)

Total Utility (pizza)

Glasses of water (per week)

Total utility (water)

1

25

1

20

2

45

2

35

3

60

3

45

4

70

4

50

5

74

5

51

6

75

6

51

Assume that the above information pertains to Thomas.  How will Thomas spend his weekly income of $10 in order to maximize his utility?

a. He will purchase 3 slices of pizza and 3 glasses of water.
b. He will purchase 10 slices of pizza and 0 glasses of water.
c. He will purchase 3 slices of pizza and 4 glasses of water.
d. He will purchase 4 slices of pizza and 3 glasses of water.
e. He will purchase 6 slices of pizza and 2 glasses of water.