A Consumer Chooses an Optimal Consumption Point Where the

question 487

Multiple Choice

A consumer chooses an optimal consumption point where the

• A)marginal rate of substitution equals the relative price ratio.
• B)slope of the indifference curve exceeds the slope of the budget constraint.
• C)ratios of all the marginal utilities are equal.
• D)All of the above are correct.

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Definitions:

Resting Membrane Potential

The electric potential difference across the membrane of a resting (non-active) cell, essential for the transmission of nerve impulses.

Plasma Membrane

The semipermeable membrane surrounding the cytoplasm of a cell, which regulates the movement of substances in and out of the cell.

Membrane Potential

The voltage difference across a cell's plasma membrane, crucial for the conduction of electrical signals in nerve and muscle cells.

Threshold

The minimum level of stimulus intensity required to activate a neuron or to trigger a physiological response.