A do-it-yourself approach to production is more likely when

The table above shows the marginal benefit from pizza and the marginal cost of pizza in cans of soda forgone

If ________ pizzas are produced, the quantity of soda that people are willing to give up to get an additional pizza is more than the quantity of soda that they must give up to get that additional pizza. A) any quantity other than 40 B) 40 C) more than 40 D) fewer than 40

According to the principle of rational choice, a consumer should spend money on those goods which provide the most marginal utility per dollar.

Answer the following statement true (T) or false (F)