Business, 31.03.2022 14:00 masonorourke
Please refer to the following table and the concept of deriving a demand curve. Assuming that the information below is true, how many slices of pizza will you buy in order to maximize your utility?
Pizza cost $5 per unit
Coke cost $1 per unit
You have $17 and plan to spend it all
Pizza
Coke
Units
Marginal
Utility
Units Marginal Utility
1
30
1
10
2
15
2
5
3
10
3
1
4
S
4
0
5
0
5
-2
o One slice
O two slices
o three slices
O four slices
Answers: 2
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