Multiple Choice
Pizza Pepsi
-The above table shows Priscilla's marginal utility from the two goods she consumes, pizza and Pepsi. The price of a slice of pizza is $2 and of a can of Pepsi is $1. Suppose Priscilla has $6 to spend. If Priscilla chooses to eat 3 slices of pizza
A) she is maximizing her total utility.
B) she is not equating marginal utility per dollar for pizza and Pepsi.
C) she is not at a consumer equilibrium.
D) Both answers B and C are correct.
Correct Answer:
Verified
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