The Table Below Shows the Demand Schedules for Pizza for Abby

question 387

Multiple Choice

The table below shows the demand schedules for pizza for Abby and Barry who are the only buyers in the market.

-Based on the table, what is Barry's marginal benefit from the 40th slice of pizza?

• A) $3
• B) $5.50
• C) $0.50
• D) $12

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Definitions:

Nearshoring

The practice of transferring a business operation to a nearby country, often to reduce costs and improve collaboration due to geographical proximity.

Onshoring

The process of returning a business's production or services to its home country from overseas to benefit from domestic advantages.

Gig Economy

A labor market characterized by the prevalence of short-term contracts or freelance work as opposed to permanent jobs.

Sharing Economy

The sharing economy is a socioeconomic system that allows individuals to borrow or rent assets owned by someone else, emphasizing access over ownership.