The Table Shows the Marginal Utility Schedules for Old Product

question 174

Multiple Choice

The table shows the marginal utility schedules for old product X and new product Y for a hypothetical consumer. The price of X is $4, and the price of good Y is $3. The budget of the consumer is $12. If the consumer can only buy old product X, how much will the consumer buy and what will be the total utility from spending the given budget?

• A)4X and 42
• B)3X and 12
• C)5X and 60
• D)3X and 42

Learn about the concepts and purposes of cultural scripts.

Comprehend the role of pretend play in emotional coping mechanisms.

Recognize effective strategies for teaching children healthy expressions of feelings.

Identify ways adults can help children cope with various emotions, including fear and anger.

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Definitions:

Latent Content

The hidden psychological meaning of a dream, as opposed to its literal storyline, according to Freudian psychology.

Family Obligations

Duties or responsibilities that individuals have towards their family members, often culturally or socially defined.

Manifest Content

In psychoanalytic theory, the remembered story line of a dream as opposed to the hidden meaning or latent content.

Night Terrors

A sleep disorder causing feelings of terror or dread, typically occurring during the first hours of stage 3-4 non-REM sleep, leading to gasping, screaming, or confusion upon waking.