A Rational Consumer Will Always Shift a Dollar from a Good

question 33

True/False

A rational consumer will always shift a dollar from a good whose marginal-utility-to-price ratio is lower to one whose marginal-utility-to-price is higher.

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Definitions:

mRNA

Messenger RNA, a type of RNA that conveys genetic information from DNA to the ribosome, where it specifies the amino acid sequence of the protein products of gene expression.

RNA Polymerase

An enzyme that synthesizes RNA from a DNA template during the process of transcription.

Transcription

The process by which the DNA sequence in a gene is copied into messenger RNA (mRNA).

DNA Polymerase

Enzyme that carries out DNA replication. Uses a DNA template to assemble a complementary strand of DNA.