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Question
Sharon has eaten a lot of pizza in the past few years. In fact, shes growing tired of pizza. Recently, she realized that pizza no longer brings her the same satisfaction, falling from 12 utils to 7 utils. Benefiting from higher productivity, Sharons favorite pizzeria also lowered prices from $2 to $1 per slice. What happens to Sharons marginal utility per dollar spent?
a. It increases.
b. It decreases.
c. It stays the same.
d. The rate of change decreases.
e. There is not enough information to determine.
Answer
This answer is hidden. It contains 74 characters.
Related questions
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