Question

Pauli's Pizza offers one slice for $2, two slices for $3.50, three slices for $4.50, and four slices for $5.00. Sal orders two slices. From this we know that Sal's marginal benefit from the second slice must be at least _____ and the marginal benefit from the third slice must be less than _____.

Answer 1

Answer:

$1.50; $1.00

Explanation:

one slice for $2,

two slices for $3.50   marginal benefit  $3.50 - $2 = $1.5

three slices for $4.50   marginal benefit $4.50 - $3.50 = $1