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At Frankie's Buy-The-Slice Pizza,Bill Eats Three Slices of Pizza and Then

Question 60

True/False

At Frankie's Buy-the-Slice Pizza,Bill eats three slices of pizza and then realizes that he enjoyed the second slice more than the third.Even though the price per slice is just $1,the utility-maximizing decision is to quit eating now since Bill has reached diminishing marginal utility.

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