Leigh has two slices of pizza for lunch. The marginal benefit that Leigh receives from the second slice of pizza is O A. the total benefit she receives from eating two slices of pizza O B. the opportunity cost of producing the second slice of pizza OC. the maximum amount that she is willing to pay for the second slice of pizza D. the maximum amount that she is willing to pay for two slices of pizza

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter20: Consumer Choice And Elasticity
Section: Chapter Questions
Problem 2CQ
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Leigh has two slices of pizza for lunch.
The marginal benefit that Leigh receives from the second slice of pizza is
O A. the total benefit she receives from eating two slices of pizza
O B. the opportunity cost of producing the second slice of pizza
OC. the maximum amount that she is willing to pay for the second slice of pizza
O D. the maximum amount that she is willing to pay for two slices of pizza
Transcribed Image Text:Leigh has two slices of pizza for lunch. The marginal benefit that Leigh receives from the second slice of pizza is O A. the total benefit she receives from eating two slices of pizza O B. the opportunity cost of producing the second slice of pizza OC. the maximum amount that she is willing to pay for the second slice of pizza O D. the maximum amount that she is willing to pay for two slices of pizza
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Marginal benefit of second slice of pizza would take place when leigh buys second pizza.

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