Joshua Consumes Only Apples and Bread and Is in Consumer

question 359

Multiple Choice

Joshua consumes only apples and bread and is in consumer equilibrium. Joshua reads that eating bread is healthy, so his total utility from each loaf of bread increases. At his new consumer equilibrium Joshua would consume

• A) more apples and less bread.
• B) fewer apples and more bread.
• C) some combination of apples and bread corresponding to a lower ratio of the marginal utility of bread to the marginal utility of apples.
• D) the same quantity of apples and the same quantity of bread.

---

Definitions:

Arithmetic Operations

Basic mathematical procedures including addition, subtraction, multiplication, and division.

Complex Arithmetic

Mathematical operations that involve complex numbers, which are numbers that have both real and imaginary parts.

Fraction Notation

An equation that illustrates the act of one number being divided by another.

Exponential Notation

A mathematical way to write numbers using a base and an exponent, showing how many times the base is multiplied by itself.