Figure: Consumption Bundle Refer to the Figure

question 48

Multiple Choice

Figure: Consumption Bundle Refer to the figure. Which statement is FALSE?

• A) The optimal consumption bundle contains five movie downloads and 10 music downloads.
• B) The MRS is 0.50 at the optimal consumption bundle.
• C) The price per music download is half as expensive as the price per movie download.
• D) In the optimum consumption bundle, the marginal utility of movie downloads equals half the marginal utility of music downloads.

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Definitions:

Familiarity Of Technology

The extent to which individuals or organizations are comfortable with and able to effectively use technology tools and systems.

Equipment Vendors

Companies or individuals that supply machinery, tools, and technical gear to consumers or other businesses.

Lowest Bid

The smallest monetary offer made by a contractor to complete a specified project or service.

Specialized Equipment

Tools or machinery designed for a particular purpose or tasks, often requiring specific training or knowledge to use.