If a Commodity Is Inexpensive and Its Total Utility Great

question 131

Multiple Choice

If a commodity is inexpensive and its total utility great,

• A)it is an inferior good.
• B)it is plentiful.
• C)its marginal utility is high.
• D)the ratio of price to marginal utility is very high.

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Definitions:

Parent-Child Communication

The process of sharing information, feelings, and thoughts between a parent and their child.

Teenage Depression

A mental health disorder characterized by persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in activities, particularly affecting adolescents.

Low Self-Esteem

A condition characterized by a lack of confidence and feeling unworthy or incapable, often affecting one's behavior and mental health.

Sexting

Sending sexual content, particularly photos or videos, via cell phones or social media.