While Eating at Alex's "Pizza by the Slice" Restaurant, Kara

question 182

Multiple Choice

While eating at Alex's "Pizza by the Slice" restaurant, Kara experiences diminishing marginal utility. She gained 10 units of satisfaction from her first slice of pizza consumed and would only receive 5 units of satisfaction from consuming a second slice, at the same price. Based on this information, we can conclude that

• A)Alex may have to lower the price to convince Kara to buy a second slice.
• B)Kara will not eat a second slice, even if it is given to her at no charge.
• C)Kara will definitely want to buy a second slice of pizza.
• D)even if Kara buys a second slice, she will not buy a third slice.

---

Definitions:

Photograph

An image created by light falling on a photosensitive surface, usually photographic film or an electronic sensor, such as a CCD or a CMOS chip.

Deceased Parent

Refers to a parent who has passed away, affecting the psychological and emotional well-being of their offspring.

Encoding Specificity Effect

The phenomenon that memory recall is most effective when the information available at the time of encoding is also available at the time of retrieval.

Primacy Effect

A cognitive bias that results in a person remembering information presented at the beginning of a list better than information in the middle or at the end.