Refer to the Following Table A)is Maximizing Satisfaction for the Given Expenditure

question 21

Multiple Choice

Refer to the following table. At this level of consumption of goods A and B, the consumer: $$\begin{array} { | l | c | c | } \hline & \text { Gand A } & \text { Gand B } \\\hline \text { Marpinal utility } & 100 & 500 \\\hline \text { Price } & \mathbf { \$ 2 0 } & \$ 50 \\\hline\end{array}$$

• A)is maximizing satisfaction for the given expenditure.
• B)could increase total satisfaction for a given expenditure by increasing the consumption of A and decreasing that of B.
• C)could increase total satisfaction for a given expenditure by increasing the consumption of B and decreasing that of A.
• D)should consume only A.

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Vehicle

A means of transporting people or goods, including cars, bicycles, boats, airplanes, and other conveyances.

Differentia

The characteristic or set of characteristics that distinguishes one thing or category of things from another.

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A device for capturing visual images in the form of photographs, video, or both, electronically or on film.

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A type of camera lens that allows the focal length to change, thereby giving the photographer the capability to move closer to or farther away from a subject without physically moving.