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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The merchant class in the United States largely approved of the treaty as it ended hostilities and allowed for markets to reopen and for trade to commence again.
Answer:
Explanation:
A major factor in the success of the movement was the strategy of protesting for equal rights without using violence. Civil rights leader Rev. Martin Luther King championed this approach as an alternative to armed uprising. King's non-violent movement was inspired by the teachings of Indian leader Mahatma Gandhi.
The Fifth Amendment says to the federal government that no one shall be "deprived of life, liberty or property without due process of law." The Fourteenth Amendment, ratified in 1868, uses the same eleven words, called the Due Process Clause, to describe a legal obligation of all states.
Answer:
Locke
Explanation:
The philosopher of the Enlightenment who most influenced Thomas Jefferson when drafting the Declaration of Independence was Locke.
John Locke was a physician and an English philosopher. regarded as one of the most influential Enlightenment thinkers, especially concerning the development of political philosophy.