If Price and Marginal Benefit Are Equal for an Individual

question 41

Multiple Choice

If price and marginal benefit are equal for an individual, and preferences and income do not change, the individual can be induced to buy more of a good only by

• A)decreasing marginal benefit.
• B)decreasing price.
• C)increasing marginal utility.
• D)decreasing marginal utility.
• E)increasing price.

---

Definitions:

Compressive Strength

The capacity of a material or structure to withstand loads that tend to reduce size.

Injection Molding

A manufacturing process for producing parts by injecting molten material into a mold.

Out-Of-Control Signal

A statistical term referring to a point on a control chart that falls outside the predetermined control limits, indicating a potential process anomaly.

Lower Control Limit

The lower threshold in control charts beneath which the process variability is considered out of control or unusual.