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:

IDEO Brainstorms

Creative group problem-solving sessions facilitated by the design and innovation firm IDEO, focusing on generating a large volume of ideas in a non-judgmental environment.

Certainty

The state of being without doubt or the confidence in a fact or outcome being true or guaranteed.

Risk

The potential for loss or harm associated with taking an action or a decision.

Uncertainty

The state of having limited knowledge or lacking information about an event, making its outcome unpredictable.