Dan Is Currently Consuming 10 Cokes and 5 Slices of Pizza

question 62

Multiple Choice

Dan is currently consuming 10 Cokes and 5 slices of pizza per week such that the marginal utility of the tenth Coke is 12 utils and that of the fifth slice of pizza is also 12 utils. How should Dan redirect his purchases so as to attain consumer equilibrium?

• A)He should buy more pizza slices and less Coke.
• B)He should buy fewer pizza slices and more Coke.
• C)He is currently attaining consumer equilibrium and should not redirect his purchases.
• D)He could gain more satisfaction by buying less of both and more of something else.
• E)There is not enough information to answer the question.

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Definitions:

Fraternal Twins

Twins that develop from two different eggs fertilized by two different sperm cells, genetically similar like regular siblings.

Heritability Ratio

The Heritability Ratio is a measure in genetics quantifying how much of a trait's variation within a population is due to genetic factors.

Trait Variability

The degree to which individuals exhibit differences in their characteristics or behaviors.

Genetic Inheritance

The process by which genetic information is passed on from parents to their offspring, influencing traits and susceptibility to certain diseases.