Raymond B. answered 04/27/22
Math, microeconomics or criminal justice
area = pi(r^2) = pi(d/2)^2 = pi(8/2)^2 = 16pi for the smaller pizza = about 16(3.14159) = about 50.27 in^2
area = pi(12/2)^2 = 36pi for the larger pizza = about 113.10 in^2
$8 for 16pi is 16pi/8 = 2pi square inches for $1
$12 for 36pi is 36pi/12 = 3pi square inches for $1
the larger pizza is the better deal, (volume discount, sort of). Aiden got the better deal, assuming diminishing marginal utility of pizza is less than diminishing marginal utility of a dollar.
the larger pizza increased in size by 36/16-1 = 9/4-1 = 5/4 = 125%
the price increased by 12/8 -1 = 3/2-1 = 1/2 = 50%
for 50% more money, you get 125% more pizza