Ricky Is in a Consumer Equilibrium

question 142

Multiple Choice

Ricky is in a consumer equilibrium. Given the prices of goods, Ricky has allocated all his income such that his marginal utility per dollar spent is ________ for ________ goods.

• A) as small as possible; all
• B) equal; all
• C) equal; normal
• D) maximized; all

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Definitions:

Brain Damage

Physical injury to the brain tissue that can result in impaired function, such as loss of memory, motor control, or cognitive abilities.

Reciprocal Innervation

A neural mechanism that allows for the simultaneous contraction of one muscle and the relaxation of its antagonist.

Antagonistic Muscles

Antagonistic muscles are pairs of muscles that work against each other to move a joint, with one muscle contracting while the other relaxes.

Golgi Tendon Reflex

A protective reflex that prevents muscle damage during excessive force generation by causing muscle relaxation.