Business
Business, 27.09.2019 22:10, jessicadempsey

While eating at alex’s "pizza by the slice" restaurant, clara experiences diminishing marginal utility. she received 10 utils from consuming the first slice of pizza and would only receive 5 utils from consuming a second slice, at the same price. based on this information we can conclude that
alex may have to lower the price to convince clara to buy a second slice.
clara will not eat a second slice, even if it is given to her at no charge.
clara will definitely want to buy a second slice of pizza.
even if clara buys a second slice, she will not buy a third slice.

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Answers: 2

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While eating at alex’s "pizza by the slice" restaurant, clara experiences diminishing marginal utili...

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