A Utility-Maximizing Consumer Would Never Purchase a Good If The

question 94

Multiple Choice

A utility-maximizing consumer would never purchase a good if the:

• A) MU/P is positive.
• B) marginal utility is positive.
• C) marginal utility is negative.
• D) none of these is correct.

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Definitions:

Twins

Two offspring produced by the same pregnancy, categorized typically as either identical (monozygotic) or fraternal (dizygotic).

Phenotype

The observable physical or biochemical characteristics of an organism, as determined by both genetic makeup and environmental influences.

Mutation

A change in the DNA sequence that affects genetic information, potentially leading to genetic diversity and variations within species.

Allele

A variant form of a gene at a particular position (locus) on a chromosome.