Sharon has eaten a lot of pizza in the past few years. in fact, she’s growing tired of pizza. recently, she realized that pizza no longer brings her the same satisfaction, falling from 12 utils to 7 utils. benefiting from higher productivity, sharon’s favorite pizzeria also lowered prices from $2 to $1 per slice. what happens to sharon’s marginal utility per dollar spent?

the Sharon's marginal utility per dollar increases

Explanation:

We have given

In present scenario

Marginal utility derived = 12

And price per unit = $2

So marginal utility per $

Now in revised scenario

Number of utility derived = 7

And And price per unit = $1

So marginal utility per $

So the Sharon's marginal utility per dollar increases

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi