Use the Following to Answer Question

question 115

Multiple Choice

Use the following to answer question:
-(Figure: Consumer Equilibrium IV) Use Figure Consumer Equilibrium IV.Assume that you are consuming the combination of goods at point G.Given the budget constraint FL,utility:

• A)can be increased by consuming more train tickets and fewer nights in a hotel room.
• B)can be increased by consuming fewer train tickets and more nights in a hotel room.
• C)can be increased by consuming more of both goods.
• D)cannot be increased.

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Definitions:

Operant Conditioning

An educational method whereby the intensity of a behavior is altered through rewards or penalties.

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The branch of psychology that studies how people grow and change throughout the lifespan.

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