Question 3 Pieces of Pizza Marginal Benefit (measured in dollars) 1 $3.00 2 2.50

Question

Question 3

Pieces of Pizza

Marginal Benefit (measured in dollars)

1

$3.00

2

2.50

3

2.00

4

1.50

5

1.00

The marginal benefit that Gabe receives from eating pizza is shown in the table above, where the first piece of pizza he eats gives him $3 worth of pleasure. Each additional piece gives him additional pleasure, but not as much as the first piece. If pizza costs $1.80 per slice, Gabe should purchase _______ pieces of pizza.

1

2

3

4

5

Pieces of Pizza

Marginal Benefit (measured in dollars)

1

$3.00

2

2.50

3

2.00

4

1.50

5

1.00

Explanation / Answer

c.

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