This topic contains a solution. Click here to go to the answer

Author Question: Bottles of SodaSlices of Pizza The table above gives Ali's total utility from consuming bottles of ... (Read 407 times)

HCHenry

  • Hero Member
  • *****
  • Posts: 591
Bottles of SodaSlices of Pizza



The table above gives Ali's total utility from consuming bottles of soda and slices of pizza. The price of pizza is $2 per slice and the price of soda is $1 per bottle. His marginal utility from the 4th slice of pizza is
◦ 7.
◦ 3.50.
◦ 34.
◦ 17.50.
◦ 27.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by HCHenry on May 24, 2019

nathang24

  • Sr. Member
  • ****
  • Posts: 314
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.
Answer Preview
Only 32% of students answer this correctly



penza

  • Hero Member
  • *****
  • Posts: 1,022
Bottles of SodaSlices of Pizza



The table above gives Ali's total utility from consuming bottles of soda and slices of pizza. The price of pizza is $2 per slice and the price of soda is $1 per bottle. His marginal utility from the 4th bottle of soda is
◦ 21.
◦ 3.
◦ 3 units for soda ÷ 7 units for pizza.
◦ 34.
◦ 5.25.






cmoore54

  • Hero Member
  • *****
  • Posts: 568
Bottles of SodaSlices of Pizza



The table above gives Ali's total utility from consuming bottles of soda and slices of pizza. The price of pizza is $2 per slice and the price of soda is $1 per bottle. Ali has $14 in his budget. When Ali maximizes his utility, how many bottles of soda does he buy?
◦ fewer than 3
◦ 3
◦ 4
◦ 5
◦ more than 5




dollx

  • Hero Member
  • *****
  • Posts: 558
Bottles of SodaSlices of Pizza



The table above gives Ali's total utility from consuming bottles of soda and slices of pizza. The price of pizza is $2 per slice and the price of soda is $1 per bottle. Ali has $14 in his budget. When Ali maximizes his utility, how many slices of pizza does he buy?
◦ fewer than 2
◦ 2
◦ 3
◦ 4
◦ more than 4




 

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

For a complete list of videos, visit our video library