Charlie's consumer surplus from the first slice of pizza he buys is greater than the consumer surplus from the second slice because of
A) decreasing marginal benefits.
B) increasing marginal benefits.
C) decreasing marginal costs.
D) increasing marginal cost.

Question

Quizplus · Accepted Answer

Charlie's consumer surplus decreases with each additional slice due to decreasing marginal benefits, meaning each additional slice provides less additional satisfaction.

Charlie's Consumer Surplus from the First Slice of Pizza He