A Consumer Is Maximizing Her Utility with a Particular Money

question 289

Multiple Choice

A consumer is maximizing her utility with a particular money income when

• A)the total utility derived from each product consumed is the same.
• B)MU a/ Pₐ = MU b/ Pᵦ = MU c/ P_c = . . . = MU n/ Pₙ .
• C)MU a = MU b = MU c = . . . = MU n.
• D)Pₐ = Pᵦ = P_c = . . . = Pₙ .

---

Definitions:

Personality Traits

Enduring characteristics or behaviors that define an individual's patterns of feeling, thinking, and acting across different situations.

Genetically Determined

Traits or characteristics that are influenced by genes inherited from parents.

Reinforcement

In behavioral psychology, it is the process of encouraging or establishing a pattern of behavior by offering reward or punishment.

Psychoanalytic

Pertaining to psychoanalysis, the theory and therapy developed by Freud that focuses on exploring unconscious desires and conflicts.