If a Consumer Purchases a Combination of Commodities a and B

question 35

Multiple Choice

If a consumer purchases a combination of commodities a and b such that MU_a/P_a = 40 and MU_b/P_b = 60, to maximize utility, the consumer should buy:

• A) less of both a and b.
• B) less of a and more of b.
• C) more of both a and b.
• D) more of a and less of b.

Understand the classifications and implications of mental retardation and developmental delays.

Acknowledge the debate over the genetic vs. environmental influences on intelligence.

Recognize the methodologies and effectiveness of training programs for individuals with intellectual disabilities.

Understand the historical perspectives and contributions to the study of intelligence.

---

Definitions:

Tax Revenues

The income that is gained by governments through taxation.

Federal Deficit

The financial condition that occurs when the government's expenditures exceed its revenues in a given fiscal year.

Progressive Tax

A taxation system in which the tax rate increases as the taxable amount or income increases, commonly seen in income tax systems to ensure higher earners contribute a greater proportion of their income.

Regressive Tax

A tax system in which the tax rate decreases as the taxable amount increases, disproportionately affecting lower-income individuals.