Monika will choose to eat a seventh pizza slice if
A)the marginal benefit from the seventh slice is greater than its marginal cost.
B)the marginal benefit from the seventh slice is less than its marginal cost.
C)the total benefit from all seven slices is greater than their total cost.
D)the total benefit from all seven slices is less than their total cost.
E)she has enough money to pay for it.

Question

Quizplus · Accepted Answer

Monika will choose to eat a seventh pizza slice if its marginal benefit, such as the pleasure or satisfaction she derives from eating it, is greater than its marginal cost, such as the additional calories or cost. If the marginal benefit is lower than the marginal cost, it means that it is not worth consuming another slice. The total benefit and cost are not as relevant as their marginal counterparts in this decision-making process. Whether Monika has enough money to pay for it is also not mentioned in the question and is therefore irrelevant.

Monika Will Choose to Eat a Seventh Pizza Slice If