Jill,a Careful Utility Maximizer,consumes Peanut Butter and Ice Cream

question 171

Multiple Choice

Jill,a careful utility maximizer,consumes peanut butter and ice cream.Assume that both peanut butter and ice cream are normal goods.Right after she achieves the utility-maximizing level of consumption of the two goods,the price of peanut butter increases.After she adjusts to this event,the marginal utility of peanut butter goes _____ and that of ice cream goes _____.

• A)up;up
• B)down;down
• C)down;up
• D)up;down

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Definitions:

Preventive Stress Management

Strategies intended to reduce the occurrence and impact of stress in the workplace before it becomes problematic.

Role Negotiations

The process through which individuals discuss and come to agreements on their respective responsibilities, tasks, and expectations in a collaborative or organizational setting.

Goal-Setting Activities

Activities designed to identify objectives and set achievable targets to improve performance and focus.

Social Support Systems

Networks of people who provide an individual with practical or emotional support, particularly in times of stress.