-Sam's Total Utility for Bananas Is in the Table Above

question 45

Multiple Choice

-Sam's total utility for bananas is in the table above. Sam's total utility shows that the law of diminishing marginal utility

• A) holds because Sam's total utility from bananas increases as Sam eats more bananas.
• B) holds because his marginal utility from bananas decreases as Sam eats more bananas.
• C) does not hold because Sam's total utility does not reach its maximum.
• D) does not hold because Sam's marginal utility does not decrease to zero.
• E) None of the above answers is correct because there are no data for marginal utility with which to answer the question.

Differentiate between terms related to power dynamics, such as legitimizing myths and other explanations.

Understand the psychological effects of deindividuation in group settings.

Recognize how power influences leaders, particularly in terms of perceived choice and decision-making.

Debunk misconceptions about marriage systems and their structures.

---

Definitions:

Spending Limit

The maximum amount of money a person or organization is willing to spend on a particular item, project, or overall budget.

Budget Line

A visual depiction of every combination of two items that a person can purchase, based on their earnings and the costs of these products.

Good X

A placeholder term often used in economics to denote a specific, but unspecified, commodity or product in theoretical discussions.

Good Y

A placeholder term often used in economics to denote a specific good or product under consideration in a model or theory.