What Type of Variable Can Assume an Unlimited Number of Different

question 3

Multiple Choice

What type of variable can assume an unlimited number of different values?

• A) continuous
• B) discrete
• C) dichotomous
• D) binary

Determine the optimal consumption bundle and its placement relative to the budget constraint.

Apply utility theory to specific examples involving the allocation of a fixed budget across different goods.

Discern the role of utility in making optimal consumption decisions under budget constraints.

Understand the theory and application of exposure therapy.

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