If the price of Pizzas is $10 per pizza, and Rachel is currently examining purchasing 7 pizzas, she should: O Buy MORE Pizzas as Price is currently LOWER than Marginal Untility O Buy MORE Pizzas as Price is currently Higher than Marginal Utility Buy FEWER Pizzas as Price is Currently HIGHER than Marginal Utility Buy FEWER Pizzas as Price is currently LOWER than Marginal Utility

If the price of Pizzas is $10 per pizza, and Rachel is currently examining purchasing 7 pizzas, she should: O Buy MORE Pizzas as Price is currently LOWER than Marginal Untility O Buy MORE Pizzas as Price is currently Higher than Marginal Utility Buy FEWER Pizzas as Price is Currently HIGHER than Marginal Utility Buy FEWER Pizzas as Price is currently LOWER than Marginal Utility

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter6: Consumer Choices

Section: Chapter Questions

Problem 8RQ: Is it possible for total utility to increase while marginal utility diminishes? Explain.

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