The optimal amount of Pizza that John would be able to buy is 5.
<h3>How to solve for the optimum</h3>
1. We can see that he has zero as his 6th consumption based on marginal Utility. This shows that he can consume 5 pieces of Pizza.
2. If he should purchase 8 slices, total utility is calculated as
20 + 12 + 10 + 6 + 2 + 0- 2 - 6
= 42
3. This is added as an attachment
4. Total amount that John can spend = $ 20. Given that he cannot make use of his savings, the total amount that he can consume would be what is less than 3 slices and 4 funnel cake.
5. The total utility that John is going to gain would be calculated as
Total utility = 20+12+50+40+32+20 = 32 + 142 = 174
This puts the total utility at 174
Read more on marginal utility here:
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Answer:
displacement-hidden cost
Explanation:
There is a supported notion that crime do not simply disappear, but it relocates after any prevention initiative or police patrols are beefed-up. In this case instead of eliminating the crime, displacement-hidden cost would occur, as the individuals committing the crime will clearly move from the area of preventive focus to another area where there are no crime prevention measures yet.
Answer:
(B) Client centered therapy
Explanation:
Client centered therapy, also known as Person-centered therapy, is a form of psychotherapy developed by <em>Carl Ransom Rogers</em>, a psychologist born in Illinois, U.S., in 1902.
Client centered therapy places high importance and focus on the client. The counselor, does not ask questions, or provide diagnosis, instead they create an atmosphere where the client, shares their feelings without being judged.
B. The most important thing should be to make sure you don’t hit another car and cause an accident