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Assume That a Consumer Has a Given Budget or Income

question 95

Multiple Choice

Assume that a consumer has a given budget or income of $10 and that she can buy only two goods, apples or bananas. The price of an apple is $1.00 and the price of a banana is $0.50. For this consumer, the opportunity cost of buying one more apple is


Definitions:

Electroencephalogram

A medical test that measures electrical activity in the brain using small, flat metal discs called electrodes attached to the scalp.

Electrical Energy

The form of energy resulting from the movement of charged particles, such as electrons, through a conductor.

Scalp

The skin covering the head, excluding the face, and the hair that grows on it.

Transcranial Magnetic Stimulation

A noninvasive procedure that uses magnetic fields to stimulate nerve cells in the brain to improve symptoms of depression.

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