Jack Is Maximizing Utility by Consuming Soft Drinks at $2

question 97

Multiple Choice

Jack is maximizing utility by consuming soft drinks at $2 each and four pieces of pizza.The last soft drink gave him 100 units of utility and the last piece of pizza gave him 50 units of utility.The price of a piece of pizza is

• A) $3.00.
• B) $1.50.
• C) $1.00.
• D) $0.50.
• E) $2.00.

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Definitions:

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The abilities involved in the comprehension and production of spoken, written, and non-verbal communication, fundamental to effective interpersonal interactions.

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The Diagnostic and Statistical Manual of Mental Disorders, 5th Edition, a handbook used by healthcare professionals as the authoritative guide to diagnosing mental disorders.

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A personality disorder characterized by a persistent avoidance of social relationships and limited emotional expression.