Ben Spends $50 a Year on 2 Bunches of Flowers

question 64

Multiple Choice

Ben spends $50 a year on 2 bunches of flowers and $50 a year on 10,000 litres of tap water.Ben is maximizing utility.His marginal utility from water is 0.5 units per litre.
________ more valuable to Ben than ________.
Ben's expenditure on flowers and water illustrates the paradox of value because Ben's marginal utility from flowers is ________ than his marginal utility from water and his total utility from flowers is ________ than his total utility from water.

• A)Water is;flowers;greater;less
• B)Water is;flowers;less;greater
• C)Flowers are;water;greater;less
• D)Flowers are;water;less;greater
• E)None of the above because Ben values flowers and water equally

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Definitions:

Large-Scale Figural Art

Artwork that features human or animal figures at a scale larger than life, often used in public or ceremonial spaces for impact.

Mycenaean Period

A phase in Greek history (circa 1600–1100 BC) known for its rich tombs, palaces, and the emergence of Greek language and culture.

Relieving Triangle

In Mycenaean architecture, the triangular opening above the lintel that serves to lighten the weight to be carried by the lintel itself.

Dromos

The passage leading to a tholos tomb.