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) a breadstick costs three times as much as a slice of pizza.
C) 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.
D) Both answers A and C are correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q15: At Revolution Doughnuts in Fort Collins, Colorado,
Q16: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Becky decides to
Q17: When the price of popcorn falls, before
Q18: Usharani consumes 35 apples a week and
Q19: Sam consumes only sandwiches and soda and
Q21: When Alex eats 1 slice of pizza,
Q22: As a person consumes more and more
Q23: Bobby consumes only chocolate ice cream and
Q24: The marginal utility of a third skirt
Q25: Shaniq has seen two movies this week