Tom Is Maximizing Utility by Buying Three Packs of Bubble

question 8

Multiple Choice

Tom is maximizing utility by buying three packs of bubble gum and four packages of Skittles. Given diminishing marginal utility, if the price of Skittles rises, the principle of rational choice tells us that Tom will buy:

• A) more Skittles, raising the opportunity cost of not consuming Skittles.
• B) fewer Skittles, raising the opportunity cost of not consuming Skittles.
• C) more Skittles, lowering the opportunity cost of not consuming Skittles.
• D) fewer Skittles, lowering the opportunity cost of not consuming Skittles.

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Definitions:

Evidence-Based Practice

A decision-making process that integrates the best available research with clinical expertise and patient values.

Practice Change

The modification or transformation of methods, behaviors, and policies in clinical or professional settings to improve outcomes and efficiencies.

Evaluate

To systematically determine the significance, worth, or condition of something, often by careful appraisal and study.

Tympanic Thermometers

Devices used to measure body temperature through the ear canal by detecting the infrared heat emitted.