The table below shows the demand schedules for pizza for Abby and Barry who are the only buyers in the market. Price Abby's quantity Barry's quantity (dollars per slice) demanded demanded (slices per month) (slices per month) 2.50 25 50 3.00 20 40 3.50 15 30 4.00 10 20 4.50 10 5 00 Based on the table, what is the marginal social benefit from the 45th slice of pizza? Select one: O a. $3.50 b. $3.25 Oc. $0.50 d. $9

Principles of Economics, 7th Edition (MindTap Course List)
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ISBN:9781285165875
Author:N. Gregory Mankiw
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Chapter21: The Theory Of Consumer Choice
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les of Microeconomics - Spring21
The table below shows the demand schedules for pizza for Abby and Barry who are the only buyers in the market.
Abby's quantity
Barry's quantity
Price
(dollars per slioe)
demanded
demanded
(slices per month) (slices per month)
2.50
25
50
3.00
20
40
3.50
15
30
4.00
10
20
4.50
10
5 00
Based on the table, what is the marginal social benefit from the 45th slice of pizza?
Select one:
O a.
$3.50
O b.
$3.25
O c.
$0.50
Od. $9
Transcribed Image Text:les of Microeconomics - Spring21 The table below shows the demand schedules for pizza for Abby and Barry who are the only buyers in the market. Abby's quantity Barry's quantity Price (dollars per slioe) demanded demanded (slices per month) (slices per month) 2.50 25 50 3.00 20 40 3.50 15 30 4.00 10 20 4.50 10 5 00 Based on the table, what is the marginal social benefit from the 45th slice of pizza? Select one: O a. $3.50 O b. $3.25 O c. $0.50 Od. $9
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