Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
10
B
6
C
4
D
16
Understanding the Answer
Let's break down why this is correct
Answer
The marginal benefit of consuming one additional slice of pizza is the extra satisfaction you get from eating that slice. In this case, the first slice gave you 10 units of satisfaction, and the second slice gave you 6 units. To find the marginal benefit of the second slice, you look at the difference in satisfaction between the two slices, which is 6 utility from the second slice minus 10 utility from the first slice. However, since we are only interested in the benefit of the second slice, we can simply say that the marginal benefit of that slice is 6 utility. This means that while the first slice was more satisfying, the second slice still provided some enjoyment, but less than the first.
Detailed Explanation
The marginal benefit is the extra satisfaction from one more slice. Other options are incorrect because This answer suggests the first slice's satisfaction is the same for the second; This answer thinks the second slice's satisfaction is the total benefit.
Key Concepts
marginal benefit
Topic
Marginal Benefit Calculation
Difficulty
easy level question
Cognitive Level
understand
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