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Loraine Loraine
wrote...
Posts: 4563
8 years ago
If the price of a pizza is $10 per pizza, the consumer surplus from the first pizza consumed ________ the consumer surplus from the second pizza consumed.
A) is greater than
B) equals
C) is less than
D) cannot be compared to
E) None of the above answers is correct because more information is needed about the marginal cost of producing the pizzas to answer the question.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 259 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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Posts: 3807
8 years ago
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Loraine Author
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8 years ago
Correct Slight Smile TY
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Yesterday
You make an excellent tutor!
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2 hours ago
Thanks
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