Question: Questions 13 - 15 Use the following chart to answer questions 13-15. Slices of Pizza 1 2 3 4 5 6 7 8 9 10

Questions 13 - 15

Use the following chart to answer questions 13-15.

Slices of Pizza 1 2 3 4 5 6 7 8 9 10
Total Utility 20 35 45 52 58 59 45 36 20 3

Question 13 (1.25 points)

Question 13 options:

Which slice of pizza provides the greatest marginal utility?

Question 14 (1.25 points)

Question 14 options:

Which slice of pizza provides a marginal utility of 1?

Question 15 (1.25 points)

Question 15 options:

What is the marginal utility of the 9th slice of pizza?

Question 16 (1.25 points)

Question 16 options:

If the price of coffee is $5, the price of pizza is $10, and your budget is $100, can you afford to purchase 10 cups of coffee and 6 pizzas? (Yes or No)

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