Which One of the Following Statements Is True

question 108

Multiple Choice

Which one of the following statements is true?

• A)Since consumers of a good consume this good until the price equals the value of the last unit,they clearly get no benefit from consuming this good.
• B)Consumers choosing between goods X and Y will set MU_X = MU_Y.
• C)The value of a good to a consumer is measured by the price.
• D)Consumer surplus on a unit of a good will never be zero.
• E)If the marginal utility per dollar from good X is less than the marginal utility per dollar from good Y,then the consumer should shift some spending from X to Y.

---

Definitions:

Well-rounded Physiques

Bodies that are not only physically fit but also balanced and proportionate, reflecting a broad spectrum of physical conditioning and health.

Age Stratification

The hierarchical ranking and division of a society based on age, affecting individuals' roles, rights, and responsibilities.

Impaired People

Are considered deficient in physical or mental capacity.

Age Cohort

A group of individuals who share a common age characteristic, typically used in sociological and demographic analyses to examine similarities and differences within and across populations.