Milkshakes Sodas -The Table Above Shows Tom's Total Utility from Milkshakes and Utility

question 93

Multiple Choice

Milkshakes Sodas

-The table above shows Tom's total utility from milkshakes and sodas. Tom's total budget for milkshakes and sodas is $20.00 per week. Milkshakes cost $2.00 each and sodas cost $.50 each. What quantity of milkshakes does Tom purchase at his consumer equilibrium?

• A) five
• B) six
• C) seven
• D) eight

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Definitions:

Unconditioned Response

A reflexive, innate response to a trigger that happens spontaneously, without the need for previous education or conditioning.

Operant Conditioning

A pedagogical method where the adjustment of behavior intensity is conducted through consequence management.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.

Negative Reinforcement

Negative reinforcement is a behavioral psychology concept where the removal of an unfavorable stimulus strengthens a particular desired behavior.