-Using the above table, what is the maximum number of slices of pizza a rational consumer would buy?
A) 4
B) 3
C) 2
D) 1

Question

-Using the above table, what is the maximum number of slices of pizza a rational consumer would buy?
A) 4 
B) 3 
C) 2 
D) 1

Quizplus · Accepted Answer

A rational consumer will buy slices of pizza until the marginal benefit equals the marginal cost. If the table shows that the marginal benefit of the third slice is equal to or greater than the price, but the fourth slice's marginal benefit is less than the price, the maximum number of slices would be 3.

-Using the Above Table, What Is the Maximum Number of Slices