Question

PepsiMU of PepsiPizzaMU of Pizza
1st can181st slice7
2nd can152nd slice6
3rd can123rd slice4
4th can94th slice3
5th can65th slice0

Using the above table, if the price of Pepsi is $3, how many cans of Pepsi would have to be consumed in order to have a marginal utility to price ratio of 3?

A) one can

B) two cans

C) three cans

D) four cans

Answer

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