-In the Above Figure, Which of the Following Statements Is

question 65

Multiple Choice

-In the above figure, which of the following statements is true?
I. The consumer maximises utility by consuming at point A.
II. The marginal rate of substitution at point B and point A are equal because they are on the same budget line.

• A) Only I
• B) Only II
• C) Both I and II
• D) Neither I nor II

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Definitions:

Behavioral Therapists

Professionals who treat mental health disorders by focusing on modifying dysfunctional behaviors through various techniques and interventions.

Psychoanalytic

Pertaining to a set of theories in psychology that focus on unconscious processes influencing behavior and thoughts.

Rational-emotive Therapy

A psychotherapeutic approach that focuses on resolving emotional and behavioral problems by confronting irrational beliefs and changing them into rational ones.

Cognitive-behavioral Therapy

A psychological treatment approach that addresses problematic thoughts and behaviors through a goal-oriented process.