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:

Eukaryotes

Organisms whose cells contain a nucleus and other organelles enclosed within membranes, distinguishing them from prokaryotes.

Prokaryotes

Single-celled organisms lacking a nucleus and other membrane-bound organelles, such as bacteria.

Translation

Process in which a polypeptide chain is assembled from amino acids in the order specified by an mRNA.

Enzymatic Activity

The catalytic action of enzymes in facilitating biochemical reactions without being consumed in the process.