Pauli's Pizza Offers One Slice for $2,two Slices for $3

question 89

Multiple Choice

Pauli's Pizza offers one slice for $2,two slices for $3.50,three slices for $4.50,and four slices for $5.00.Sal orders two slices.From this we know that Sal's marginal benefit from the second slice must be at least _____ and the marginal benefit from the third slice must be less than _____.

• A)$3.50;$4.50
• B)$3.50;$1.00
• C)$1.50;$1.00
• D)$1.50;$4.50

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Definitions:

Competition Act

Laws designed to avoid monopolistic behaviors in the market to guarantee fair play among competitors.

Offence

An offence is a violation of law or rule, constituting an act that is forbidden by statute or is considered morally wrong or objectionable.

Restrictive Trade Practices

Business activities that limit or control competition in the market, often scrutinized under anti-trust laws.

Competition Act

Legislation aimed at preventing anti-competitive practices in the marketplace, ensuring fair competition among businesses.