Sergio Is Maximizing Utility in His Consumption of Beer and Bubble

question 115

Multiple Choice

Sergio is maximizing utility in his consumption of beer and bubble gum.If the price of beer is greater than the price of bubble gum,then we know

• A)Sergio buys more beer than bubble gum.
• B)Sergio buys more bubble gum than beer.
• C)the marginal utility from the last purchased beer is greater than the marginal utility from the last purchased bubble gum.
• D)the marginal utility from the last purchased bubble gum is greater than the marginal utility from the last purchased beer.
• E)the marginal utilities from the last purchased beer and bubble gum are equal.

---

Definitions:

Promotion

The act of advancing an employee's rank or position within an organization, often accompanied by increased salary and responsibilities.

Control

The power to influence or direct people's behavior or the course of events.

Nonverbal Communication

A form of communication that does not involve words but is expressed through gestures, body language, facial expressions, and other physical behaviors.

Intentionally

Done with purpose or on purpose; not accidental.