If There Is No Budget Constraint,utility Maximization Is Achieved When

question 50

True/False

If there is no budget constraint,utility maximization is achieved when marginal utility is zero.

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Definitions:

James-Lange Theory

A theory of emotion proposing that emotions arise from physiological responses to external events or stimuli before they are interpreted.

Asthma

A chronic lung condition characterized by episodes of airway inflammation and narrowing, causing difficulty in breathing.

Physiological Changes

Alterations in the body's normal biological functions, which can result from health conditions, environmental factors, or developmental stages.

James-Lange Theory

A theory of emotion suggesting that physiological arousal precedes the experience of emotion.