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Dave & Exit a) Suppose that Daniel is willing to pay a maximum of $5 for his first slice of pizza. For each additional
Dave & Exit a) Suppose that Daniel is willing to pay a maximum of $5 for his first slice of pizza. For each additional slice, he would be prepared to pay up to 50 cents less. If Danjel could obtain the pizza for free, how many slices would he eat? b) If the price of a slice of pizza happened to be $2, how many slices would he purchase (assuming his budget allowed it)? What would be his total consumer surplus as a result? Number of slices: 5 Consumer surplus: $
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