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Author Question: John has a marginal benefit of $7 for 1 slice of pizza, $5 for a second slice, $3 for a third slice, ... (Read 167 times)

littleanan

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on: May 24, 2019
John has a marginal benefit of $7 for 1 slice of pizza, $5 for a second slice, $3 for a third slice, $1 for a fourth slice, and $0.50 for a fifth slice. The price of pizza is $1.50 per slice. Which of the following statements is correct?
◦ John will purchase 3 slices of pizza and have consumer surplus of $10.50.
◦ John will purchase 4 slices of pizza and have consumer surplus of $12.00.
◦ John will purchase 2 slices of pizza and have consumer surplus of $1.50.
◦ John will purchase 3 slices of pizza and have consumer surplus of $4.50.
◦ John will purchase 2 slices of pizza and have consumer surplus of $3.00.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by littleanan on May 24, 2019

zacnyjessica

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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littleanan

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Reply #2 on: May 24, 2019
TY


zacnyjessica

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Reply #3 on: May 24, 2019
You're welcome


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