If the marginal benefit of the next slice of pizza exceeds the marginal cost, you will
A) not eat the slice of pizza.
B) eat the slice of pizza.
C) eat half the slice.
D) be unable to choose between eating and not eating.
E) More information is needed about how much the marginal benefit exceeds the marginal cost to determine if you will or will not eat the slice.

Question

Quizplus · Accepted Answer

If the marginal benefit of the next slice of pizza exceeds the marginal cost, it means that the additional benefit you will receive from eating the pizza slice is greater than the additional cost (both monetary and non-monetary) you will incur by eating it. Therefore, it makes sense to eat the slice of pizza.

If the Marginal Benefit of the Next Slice of Pizza