According to the Marginal Utility Theory,consumers

question 60

Multiple Choice

According to the marginal utility theory,consumers

• A)maximize utility and minimize marginal utility.
• B)maximize utility and equalize marginal utility per dollar across all goods.
• C)save part of their income for future consumption.
• D)maximize utility by spending the most on the least expensive good.
• E)maximize utility by spending the least on the least expensive good.

---

Definitions:

Anxious

Feeling or showing worry, nervousness, or unease about something with an uncertain outcome.

Reactive Infants

Babies who show heightened responses to environmental or sensory stimuli, demonstrating increased sensitivity.

Personality

A characteristic way of thinking, feeling, and behaving that is unique to each individual and consistent over time.

Fraternal Twins

Siblings born at the same time as a result of two different eggs being fertilized by two different sperm.