Author Question: Suppose that you consume only pizza and Diet Pepsi. The table above gives your utility from ... (Read 147 times)

Mollykgkg · **on:** Jun 29, 2018

Suppose that you consume only pizza and Diet Pepsi. The table above gives your utility from consuming these two goods. What is the marginal utility you get from the fourth slice of pizza?

A) 36
B) 18
C) 12
D) 4

Question 2

The figure above shows the market for milk. When the efficient quantity of milk is produced, the marginal social cost of the last gallon is

A) 3.50.
B) 3.00.
C) 2.50.
D) 2.00.