Suppose the Total Utility of Two Slices of Pizza Is

question 23

Multiple Choice

Suppose the total utility of two slices of pizza is 10, the total utility of three slices is 14, and the total utility of four slices is 20. What is the marginal utility of the third and fourth slices?

• A) It is 2 for the third slice and 3 for the fourth slice.
• B) It is 10 for the third slice and 14 for the fourth slice.
• C) It is 14 for the third slice and 20 for the fourth slice.
• D) It is 4 for the third slice and 6 for the fourth slice.

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Definitions:

Gardner's Theory

A psychological proposition suggesting that humans have multiple distinct intelligences, each a significant potential for learning and problem-solving.

Spearman's G-Factor Theory

The theory proposed by Charles Spearman that suggests human intelligence is largely composed of a General Intelligence factor, known as g-factor, which underlies specific mental abilities.

Thurstone's Theory

A psychological theory suggesting that attitudes can be quantified through the use of scaled opinion statements, leading to the measurement of psychological attitudes.

Crystallized Intelligence

A form of intelligence characterized by the ability to use learned knowledge and experience.