If Soula Is Maximizing Her Utility and Consuming Two Goods

question 51

Multiple Choice

If Soula is maximizing her utility and consuming two goods that have the same marginal utility,she

• A)buys only one.
• B)buys equal quantities of both.
• C)is paying the same price for each good.
• D)receives the same total utility from each good.
• E)is not spending all of her income.

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Definitions:

Somatosensory Cortex

A part of the brain that processes sensory input from various parts of the body, including touch, temperature, and pain.

Parietal Lobe

A region of the cerebral cortex involved in processing sensory information from various parts of the body, understanding spatial orientation, and language and mathematics processing.

Left Hemisphere

The hemisphere of the brain that is typically responsible for the control of language, math, and logical thinking processes.

Language

is the method of human communication, either spoken or written, consisting of the use of words in a structured and conventional way.