Multiple Choice
If Katie purchases two slices of pizza and six breadsticks to maximize her total utility,then
A) a slice of pizza costs three times as much as a breadstick.
B) her marginal utility from the second slice of pizza divided by the price of a slice of pizza is equal to her marginal utility from the sixth breadstick divided by the price of a breadstick.
C) a breadstick costs three times as much as a slice of pizza.
D) she spends more on pizza than she spends on breadsticks.
E) her marginal utility from the second slice of pizza equals her marginal utility from the sixth breadstick.
Correct Answer:

Verified
Correct Answer:
Verified
Q27: If the marginal utilities from two goods
Q28: Suppose a consumer spends all his income.His
Q29: Bounded self-interest<br>A)is limited by the computing power
Q30: In consumer equilibrium,<br>A)total utility is maximized given
Q31: You are consuming hot dogs and Cokes
Q33: Geneva is not at her consumer equilibrium
Q34: To determine consumer equilibrium we need to
Q35: The paradox of value<br>A)is that values are
Q36: If the price of a good increases,everything
Q37: Beverly is currently in consumer equilibrium.An increase