After eating four slices of pizza, you are offered a fifth slice for free. You turn down the fifth slice. Your refusal indicates that the Multiple Choice marginal benefit for the fourth pizza slice is negative. total benefit for the fifth pizza slice is negative. marginal benefit for the fifth pizza slice is less than its marginal cost. marginal benefit for the fourth slice is the largest among all slices.
After eating four slices of pizza, you are offered a fifth slice for free. You turn down the fifth slice. Your refusal indicates that the Multiple Choice marginal benefit for the fourth pizza slice is negative. total benefit for the fifth pizza slice is negative. marginal benefit for the fifth pizza slice is less than its marginal cost. marginal benefit for the fourth slice is the largest among all slices.
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter7: Demand And Supply
Section7.1: Demand
Problem 3R
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After eating four slices of pizza, you are offered a fifth slice for free. You turn down the fifth slice. Your refusal indicates that the Multiple Choice marginal benefit for the fourth pizza slice is negative. total benefit for the fifth pizza slice is negative. marginal benefit for the fifth pizza slice is less than its marginal cost. marginal benefit for the fourth slice is the largest among all slices.
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