Which of the Following Statements Is FALSE

question 330

Multiple Choice

Which of the following statements is FALSE?

• A) The value of one more unit of a good is the good's marginal benefit.
• B) A good's marginal benefit is the maximum price people are willing to pay for another unit.
• C) The maximum price people are willing to pay for one more unit of a good is its value.
• D) None of the above because all the statements are true.

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Definitions:

Anabolic Reactions

Metabolic pathways that construct molecules from smaller units, requiring energy input, such as the synthesis of proteins from amino acids.

Catabolic Reactions

Metabolic processes that break down larger molecules into smaller units, often releasing energy in the process.

Daily Values

Dietary reference values useful for planning a healthy diet. The Daily Values are taken from the Reference Daily Intakes (RDIs) and the Daily Reference Values.

Kilocalorie Reference Diet

A standard measure used in nutrition to estimate the energy content of foods, often used in the context of daily intake recommendations.