Bottles of Soda Slices of Pizza

question 240

Multiple Choice

Bottles of Soda Slices of Pizza

-The table above gives Ali's total utility from consuming bottles of soda and slices of pizza.The price of pizza is $2 per slice and the price of soda is $1 per bottle.His marginal utility from the 4th bottle of soda is

• A) 21.
• B) 3.
• C) 3 units for soda ÷ 7 units for pizza.
• D) 34.
• E) 5.25.

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Definitions:

Improvements

Enhancements made to a piece of property or to an asset that increase its value or utility.

Substantial Performance

Contract performance that occurs when nearly all the terms of the agreement have been met, there has been an honest effort to complete all the terms, and there has been no willful departure from the terms of the agreement.

Building Codes

Regulations that set forth standards for the construction, modification, and maintenance of buildings and structures to ensure public health, safety, and welfare.

Mechanics Lien

A legal claim against a property by a contractor or worker for unpaid labor or materials provided on a construction project, ensuring payment is received.