Bill's favorite dessert is apple pie. After eating apple pie for three days in a row, he decides he wants banana crème pie instead of apple pie for dessert. Using utility theory, explain why Bill would make this consumption decision.

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The Answer of Bill's favorite dessert is apple pie. After eating apple pie for three days in a row, he decides he wants banana crème pie instead of apple pie for dessert. Using utility theory, explain why Bill would make this consumption decision.

Bill's Favorite Dessert Is Apple Pie