When Lorenzo Eats 1 Slice of Pizza for Lunch, His

question 113

Multiple Choice

When Lorenzo eats 1 slice of pizza for lunch, his total utility is 23, and when he eats 2 slices of pizza for lunch, his total utility is 42. Assuming that Lorenzo's marginal utility from eating pizza is always positive, we can infer that his total utility from eating 3 slices of pizza at lunch is:

• A)greater than 42 and less than 84.
• B)greater than 42 and less than 46.
• C)greater than 42 and less than 61.
• D)greater than 23 and less than 42.

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Definitions:

Strategic Defense Initiative

A proposed missile defense system announced by President Ronald Reagan in 1983, intended to protect the United States from attack by ballistic strategic nuclear weapons.

Camp David Accords

A peace treaty between Israel and Egypt brokered by the United States in 1978, leading to significant steps towards peace in the Middle East.

Oliver North

A United States Marine Corps officer involved in the Iran-Contra affair during the Reagan administration.