Yanas Ratio of Marginal Utility for Coffee and Soda Is

question 51

Multiple Choice

Yanas ratio of marginal utility for coffee and soda is 3:1, while the price ratio of coffee to soda is 1.5:1. Which of the following statements is (are) TRUE?
I. Coffee provides Yana with 3 times the marginal utility of soda.
II. Yana could increase utility by decreasing her consumption of coffee by 3 units and increasing her consumption of soda by 1.5 units.
III. Yana could increase utility by decreasing her consumption of soda by 3 units and increasing her consumption of coffee by 2 units.
IV. Yana could increase utility by decreasing her consumption of coffee by 1 unit and increasing her consumption of soda by 3 units.

• A) IV only
• B) I and II
• C) I and III
• D) III only

---

Definitions:

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired: a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, pioneered by B.F. Skinner.

Conditioning

A process of behavior modification by which a subject comes to associate a desired behavior with a previously unrelated stimulus.

Accommodation

In psychology, the process of adapting cognitive schemas to incorporate new information.