Question

for two goods, coffee and scones, suppose that mu_coffee/p_coffee = 4 and mu_scones/p_scones = 3. to maximize your total utility from these two goods, you should purchase
multiple choice
more coffee and fewer scones.
less coffee and fewer scones.
more coffee and more scones.
less coffee and more scones.

Explanation:

To maximize total utility, a consumer should allocate spending so that the marginal - utility per dollar is equal for all goods. Here, the marginal - utility per dollar of coffee ($MU_{coffee}/P_{coffee}=4$) is greater than that of scones ($MU_{scones}/P_{scones}=3$). So, more of the good with higher marginal - utility per dollar (coffee) and less of the good with lower marginal - utility per dollar (scones) should be purchased.

Answer:

more coffee and fewer scones.