If Katie purchases two slices of pizza and six breadsticks to maximize her total utility, then
A) a slice of pizza costs three times as much as a breadstick.
B) a breadstick costs three times as much as a slice of pizza.
C) her marginal utility from the second slice of pizza divided by the price of a slice of pizza is equal to her marginal utility from the sixth breadstick divided by the price of a breadstick.
D) Both answers A and C are correct.
C
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The table below shows data for the U.S
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In the real world, perfectly competitive markets are very few. Most markets are monopolistically competitive or oligopolistic
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