Which of the Following Assumptions About Consumer Behaviour Implies That

question 42

Multiple Choice

Which of the following assumptions about consumer behaviour implies that the utility maximizing choice will be on the budget constraint.

• A)non- satiation
• B)transitivity
• C)continuity
• D)completeness

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Definitions:

Lead

A chemical element with the symbol Pb that is used in various industries but is toxic to humans and animals when ingested or inhaled.

Radiation

The release of energy in the form of electromagnetic waves or moving particles at the subatomic level, particularly those high-energy particles which lead to ionization.

Pesticides

Substances used to kill pests, including insects, rodents, fungi, and weeds, often utilized in agriculture to protect crops.

Maternal Anxiety

The feelings of worry, nervousness, or unease that a mother may experience before, during, and after pregnancy, which can affect both her well-being and that of her child.