Marginal Thinking Raphael, a rational individual, enjoys pizza. The Benefit and Cost that accrue to Raphael from each additional slice of pizza is displayed below: Slice Marginal Benefit |Marginal Cost Total Benefit| Total Cost Net Benefit $9 $1.50 2 $5 $1.50 $14.00 $11.00 3 $2.75 $4.50 $2.25 $1.50 5 $1.52 6 $1.48 $1.50 $9.00 J $.50 $1.50 8 $-0.75 $1.50 $21.75 $9.75 Fill in the table above and use it to answer the following: 1. What is the cost of a slice of pizza at this establishment? $ /Slice 2. What is Raphael's total benefit from eating 3 slices of pizza? $. 3. What is Raphael's net benefit from eating 3 slices of pizza? $. 4. What is Raphael's marginal benefit of a 4th slice of pizza? $. 5. What is the total cost of 4 slices of pizza at this establishment? $. 6. How many slices of pizza will Raphael rationally choose to purchase? Slices 7. How much net benefit will Raphael enjoy from this transaction? $