1. Fill in the following table, graph marginal and total utility of pizza and the total and marginal utility of beer and answer the following questions (Pages 508-512) (6 points): Quantity Total Utility Number of Of beers Of beer Marginal Utility of beer Total utility slices of pizzas of pizza Marginal utility of pizza 0 0 0 1 30 30 18 18 2 52 22 34 16 70 18 48 144 86 16 4 60 12 95 9 70 10 99 4 6 78 8 O a. If you have a budget of $20 and the pizza and beers cost $2 each, what is the consumer optimum? b. What if the price of beer increases to $3, but the price of pizza remains the same and your budget goes down to $17? 2. (2 points) Explain the diamond-water paradox. Can you think of other examples of this phenomenon? Explain