-Adam Has 3 Apples and 3 Oranges

question 247

Multiple Choice

-Adam has 3 apples and 3 oranges. Eve has 2 apples and 2 oranges. The marginal utilities for Adam and Eve are summarized in the above table. Adam asks Eve to exchange one of her apples for an orange.

• A) Eve will be willing to make the exchange, because her total satisfaction will remain unchanged.
• B) Eve will be willing to make the exchange, because her total satisfaction will increase.
• C) Eve will be unwilling to make the exchange, because she loses 5 utils of satisfaction.
• D) Eve will be unwilling to make the exchange, because she loses 15 utils of satisfaction.

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Definitions:

Sensory Neurons

Nerve cells that transmit sensory information (sight, sound, feeling, etc.) from the body to the central nervous system.

Subconscious Minds

The part of the mind that is not currently in focal awareness but influences thoughts, feelings, and actions.

Psychological Processes

Internal mental activities that underlie human behavior and function, such as perception, memory, and decision-making.

Hindbrain

The posterior part of the brain that includes the cerebellum and brainstem, involved in regulating basic life functions, movement, and maintaining balance.