Shaniq Buys Only Soda and Pizza and Is Buying the Amounts

question 200

Multiple Choice

Shaniq buys only soda and pizza and is buying the amounts that maximize her utility. The marginal utility from a soda is 30 and the price of a soda is $2. The marginal utility from a slice of pizza is also 30. The price of a slice of pizza must be

• A) $30.
• B) $2.
• C) $1.
• D) some amount that cannot be calculated without more information.

Recognize the importance of minerals in maintaining body function and their role in enzymatic reactions.

Comprehend basic nutritional requirements and the significance of daily values on food labels.

Understand the characteristics and diagnosis criteria of various personality disorders.

Recognize dissociative disorders and differentiate them from other psychological disorders.

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Definitions:

Demand for Cigarettes

The consumer's desire and willingness to purchase cigarettes at various prices, often studied for its health and economic implications.

Cigarette Taxes

Taxes imposed on the sale of cigarettes to increase revenue for the government and discourage smoking by raising prices.

Inelastic

A characteristic of demand or supply that shows a small response or change to variations in price levels.

Excise Tax

A tax levied on specific goods, services, and activities, such as alcohol, tobacco, and gasoline, often to discourage their use or generate revenue for a specific purpose.