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Diminishing marginal utility means that Question 48 options: Brandon will enjoy his third slice of Pizza less than the second slice. The price of three
Diminishing marginal utility means that Question 48 options: Brandon will enjoy his third slice of Pizza less than the second slice. The price of three slices of Pizza is double the price of two slices of Pizza The utility from two slices of Pizzas is greater than the utility from three slices of Pizza. The utility from eating three slices of Pizza will be more than twice the utility from eating the second slice. Price Quantity Supplied per period Quantity Demanded per period $10 200 500 $20 300 450 $30 400 400 $40 500 350 $50 600 300 The table above shows the Quantity Supplied and the Quantity Demanded for a bouquet of Flowers. Refer to the table above. At a price of $10 there would be an excess ________ of ______ flowers. Question 50 options: Demand; 300 Supply; 300 Supply; 150 Demand; 150
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