1/Suppose that a restaurant offers the menu below:

1 slice of pizza - $2.50

2 slices of pizza - $4

2 slices and a soda - $5

What is the marginal cost of the 1st slice of pizza?

Multiple choices

a. $2.

b. $1.50

c. $2.50

2/ Base on the menu in the previous question, what is the marginal cost of the 2nd slice of pizza?

Multiple choices

a. $4

b. $2

c. $1.50

3/ Suppose that I have a clothing factory, and the number of T-shirts I can make depends on how many workers I hire as shown in the table below.

Workers	T-Shirts
0	0
1	10
2	22
3	27
4	28

What is the marginal output (also called marginal product) of the 2nd worker?

4/ Based on the factory in the prior question, which worker has the highest marginal product or marginal output?

Multiple choices

a. worker 4

b.. worker 3

c. worker 2

d. worker 1

5/Suppose that a pizza place offers all-you-can eat pizza for $10. If you eat 5 slices, what is the marginal cost of the 5th slice?

Multiple choices

a. 10

b. 0

c. 2

6/Suppose that I start selling t-shirts that say "SSU Econ Department" on them to raise money for the department. I do market research and discover that if I charge $10 I will sell 3 of them, and if I charge $9 I will sell 4. What is the marginal benefit of selling the 4th t-shirt?

HINT: To answer this question, you have to start with the total benefit of selling 3.

Multiple choices

a. 36

b. 10

c. 9

d. -1

e. 6

7/Suppose that your score on the next econ quiz depends how many hours you study the night before, as shown below:

Study Hours	Score
0	30
1	60
2	75
3	82
4	80

What is the marginal benefit of the 4th hour of studying?

Multiple choices

a. 5

b. 20

c. -2

d. 80