Consumers Should Continue to Rearrange Their Consumption of Two Goods

question 149

Multiple Choice

Consumers should continue to rearrange their consumption of two goods until:

• A) the prices of the two goods are equal for the last dollar spent on each good.
• B) marginal utility is the same for each good for the last dollar spent on each good.
• C) the marginal utility per dollar's worth of the two goods is the same for the last dollar spent on each good.
• D) the same amount of each is purchased.

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Definitions:

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Bacterial Infection

The invasion and growth of bacteria in body tissues, causing illness, which can range from mild to severe or life-threatening.

Constraint-Induced Therapy

Procedure in which restraint of a healthy limb forces a patient to use an impaired limb to enhance recovery of function.

Neuroprotectants

Substances that are capable of preserving neural structure and function, and may be used to prevent or slow the progression of neurodegenerative diseases.