Timothy Is Trying to Figure Out What Combination of Bags

question 18

Multiple Choice

Timothy is trying to figure out what combination of bags of peanuts and bags of popcorn he should buy with his $15 budget.The price of peanuts is currently $5 per bag and the price of popcorn is currently $2 per bag.If Timothy's marginal utility from consuming his third bag of peanuts is 15 utils and his marginal utility from consuming his second bag of popcorn is 6 utils,Timothy should

• A) consume more bags of popcorn.
• B) consume more bags of peanuts.
• C) not change his consumption.
• D) consume fewer bags of peanuts.
• E) consume fewer bags of popcorn.

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Definitions:

Epistatic Effects

Interactions between different gene loci where the effect of one gene is modified by the presence or absence of one or more 'modifier genes'.

Quantitative Trait

A measurable phenotype that depends on the cumulative actions of many genes and possibly environmental factors.

Fitness Function

A concept used in genetics and evolutionary biology to measure an organism's ability to survive and reproduce.

Directional

Pertaining to or indicating the direction in which something is moving or facing; also refers to evolutionary changes in a population that favor a specific set of traits.