Brian Consumes Only Pizza and Soda

question 173

Multiple Choice

Brian consumes only pizza and soda. When the price of a soda is $2 and the price of a slice of pizza is $4, Brian maximizes his utility by buying 5 sodas and 10 slices of pizza. If the marginal utility of the 5th soda is 100, then the marginal utility from the 10th slice of pizza must be

• A) 200.
• B) 100.
• C) 50.
• D) More information is needed to determine the marginal utility of the 10th slice of pizza.

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Definitions:

Generalist Species

Organisms that can thrive in a wide variety of environmental conditions and can make use of a variety of different resources.

Broad Niche

An ecological concept referring to the ability of a species to tolerate a wide range of environmental conditions and use varied resources, allowing it to live in many different habitats.

Specialist Species

Organisms that can thrive only in a narrow range of environmental conditions or have a limited diet due to specialized needs.

Biopharming

The process of using genetically modified plants or animals to produce pharmaceuticals and other substances such as antibodies or vaccines.