Monika Will Choose to Eat a Seventh Pizza Slice If

question 32

Multiple Choice

Monika will choose to eat a seventh pizza slice if

• A)the marginal benefit from the seventh slice is greater than its marginal cost.
• B)the marginal benefit from the seventh slice is less than its marginal cost.
• C)the total benefit from all seven slices is greater than their total cost.
• D)the total benefit from all seven slices is less than their total cost.
• E)she has enough money to pay for it.

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Definitions:

Inductive Reasoning

A method of reasoning in which specific observations or instances are used to make broader generalizations or conclusions.

Concrete Reasoning

The ability to understand and reason about tangible, physical objects and events, rather than abstract concepts.

Analytic Thought

The process of using logic and critical reasoning to break down complex problems or ideas.

Hypothetical-Deductive Thinking

A form of reasoning which involves developing hypotheses based on what might logically occur, followed by deducing logical, testable inferences, primarily seen in scientific and mathematical problem-solving, characteristic of formal operational thought in adolescence.