If Katie purchases two slices of pizza and six breadsticks to maximize her total utility, then

Question

Accepted Answer

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.

Answer

she spends more on pizza than she spends on breadsticks.

Answer

a slice of pizza costs three times as much as a breadstick.

Answer

a breadstick costs three times as much as a slice of pizza.

Answer

her marginal utility from the second slice of pizza equals her marginal utility from the sixth breadstick.

Crowdly

If Katie purchases two slices of pizza and six breadsticks to maximize her total...

Want instant access to all verified answers on moodle.uleth.ca?