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The following table shows Pierre's utility for bagels and cider. Quantity Bagels: Marginal Utility Cider: Marginal Utility 1 20 20 2 10 16 3 8

The following table shows Pierre's utility for bagels and cider.

Quantity Bagels: Marginal Utility Cider: Marginal Utility
1 20 20
2 10 16
3 8 12
4 3 9
5 1 4

Refer to the above information to answer this question. If Pierre has a budget of $12 and the price of each bagel and each cider are $2, what will be his optimal purchase based on MU for each consumption item?

Question 20Select one:

A.3 bagels and 3 ciders.

B.4 bagels and 2 ciders.

C.1 bagel and 5 ciders.

D.2 bagels and 4 ciders.

E.5 bagels and 1 ciders.

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