Assume That Siri Is Consuming the Utility-Maximizing Quantities of Pork

question 398

Essay

Assume that Siri is consuming the utility-maximizing quantities of pork and chicken.We can conclude that:
A.the price of pork equals the price of chicken.
B.the marginal utility of pork equals the marginal utility of chicken.
C.the ratio of the marginal utility to price is the same for pork as it is for chicken.
D.the person is consuming the same amount of pork and chicken.

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Definitions:

Rawls's

Pertaining to the ideas or theories of John Rawls, a philosopher known for his work on justice and political liberalism.

Nussbaum's

Pertains to the philosophical ideas of Martha Nussbaum, especially her work on capabilities and human development.

Greatest Happiness Principle

The ethical principle that actions are right in proportion as they tend to promote happiness, wrong as they tend to produce the reverse of happiness, core to Utilitarian philosophy.

Utility

In economics and philosophy, the measure of satisfaction or benefit that an individual receives from a choice or action; in utilitarianism, it's the overall happiness or good produced.