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Consider this table showing one consumer's demand for pizza slices. Price per pizza slice (dollars) Peter's quantity demanded (slices of pizza) $3.50 2 $3.00 3
Consider this table showing one consumer's demand for pizza slices. Price per pizza slice (dollars) Peter's quantity demanded (slices of pizza) $3.50 2 $3.00 3 $2.50 4 $2.00 6 $1.50 8 $1.00 8 Which of the following can be concluded from the information above? Peter cannot eat more than 1 pizza (8 slices) Peter is willing to pay at most $12 for 1 pizza Peter will not pay more than $4 for a slice of pizza Peter's willingness to pay for a 5th slice is between $2.00 and $2.50
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