If John Consumes Only Two Goods,A and B,and He Is

question 47

Multiple Choice

If John consumes only two goods,A and B,and he is maximizing his utility subject to his budget constraint,

• A)MUA/MUB is at a maximum.
• B)MUA/MUB equals the ratio of the total utility of A to the total utility of B.
• C)MUA/MUB equals 1.
• D)MUA/MUB equals zero.
• E)MUA/MUB equals the ratio of the price of A to the price of B.

---

Definitions:

Criteria

Standards or rules by which something is judged or evaluated.

Anger

A strong emotional state that typically arises from feelings of displeasure, frustration, or antagonism towards someone or something.

Fear

An emotional response triggered by perceived threats, leading to a fight-or-flight reaction.

Basic Emotions

Fundamental emotions that are universally recognized and expressed, such as happiness, sadness, fear, disgust, anger, and surprise.