Consumers Choose ________. Consumers Are Efficient on the Market Demand Curve Because ________

question 31

Multiple Choice

Consumers choose ________.
Consumers are efficient on the market demand curve because ________.

• A)to maximize profit;they only purchase goods and services that they can afford
• B)to buy a good or service only if they will receive a consumer surplus;every point on the market demand curve maximizes consumer surplus
• C)to purchase goods and services made with the newest technology;the market demand curve traces out the same path as the marginal revenue curve
• D)to allocate their budgets to get the most value possible out of them;we derive a consumer's demand curve by finding how the best budget allocation changes as the price of a good changes
• E)to allocate their budgets to get the most value possible out of them;they only purchase goods and services that they can afford

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Transparency Slider

A tool in graphic design software that allows users to adjust the opacity of an image or graphical element, making it more or less transparent.

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The visual layer found behind the content of a slide in a presentation, which can be colored, textured, or contain images.

Transparency Button

A tool or option in graphic design and presentation software that allows users to adjust the opacity of an element.