Which of the Following Statements Is FALSE

question 107

Multiple Choice

Which of the following statements is FALSE?

• A) Utility is the difference between the consumer's assets and her liabilities.
• B) One person's utility cannot be compared to another person's utility.
• C) A utility function gives the relationship between a consumer's well-being and the quantities of goods consumed.
• D) Inputs into a utility function may include wool socks, DVD rentals, roller coaster rides, asparagus, and Sunday church services.

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Definitions:

Part-Time Workers

Employees who work fewer hours than the full-time work schedule, often with fewer benefits and responsibilities.

Violence

The use of physical force to harm someone, inflict damage, or intimidate or coerce others.

Cool Off

A period or process of allowing emotions or tension to diminish or relaxing after a period of stress or confrontation.

Emotional Intelligence

The skill to perceive, regulate, and articulate emotions, while also dealing with personal relations wisely and with understanding.