If Katie Purchases Two Slices of Pizza and Six Breadsticks

question 20

Multiple Choice

If Katie purchases two slices of pizza and six breadsticks to maximize her total utility, then

• A) a slice of pizza costs three times as much as a breadstick.
• B) a breadstick costs three times as much as a slice of pizza.
• C) her marginal utility from the second slice of pizza divided by the price of a slice of pizza is equal to her marginal utility from the sixth breadstick divided by the price of a breadstick.
• D) Both answers A and C are correct.

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Definitions:

Coalition Formation

The process of individuals or groups coming together to achieve a common goal or interest.

Assertiveness

A communication style characterized by confidence and directness in expressing one's opinions, needs, and desires, while respecting others.

Ingratiation

A psychological technique aimed at making oneself more likable to others through flattery or other forms of manipulation.

Impression Management

The process through which individuals attempt to control the perceptions others have of them, usually to appear more favorable or competent.