Pauli's Pizza offers one slice for $2,two slices for $3.50,three slices for $4.50,and four slices for $5.00.The marginal cost of the third slice is:

A) $4.50.
B) $10.
C) $1.
D) $2.

Question

Pauli's Pizza offers one slice for $2,two slices for $3.50,three slices for $4.50,and four slices for $5.00.The marginal cost of the third slice is:A) $4.50.B) $10.C) $1.D) $2.

Basic Biology of life · Accepted Answer

Final Answer : C, Explanation :  The marginal cost is the cost of producing an additional unit, in this case, an additional slice. From the prices given, we can see that the first slice costs $2, the second slice costs $1.50, the third slice costs $1, and the fourth slice costs $0.50. Therefore, the marginal cost of the third slice is $1. Choosing to buy three slices for $4.50 would be the best choice, as adding an extra slice would cost more than the additional benefit.

Pauli's Pizza offers one slice for $2,two slices for $3.50,three slices for $4.50,and four slices for $5.00.The marginal cost of the third slice is:

A) $4.50.
B) $10.
C) $1.
D) $2.

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