The Table Shows the Marginal Utility Schedules for Old Product

question 116

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 $2, and the price of good Y is $1. The budget of the consumer is $10. 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 52
• B)4X and 10
• C)5X and 8
• D)5X and 60

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Definitions:

Spine Density

A measure of the number of dendritic spines per unit length of dendrite, indicating the potential for synaptic connectivity and plasticity in neurons.

Neuron Size

The dimension or size of a neuron, including its cell body, dendrites, and axon, which can vary greatly depending on the neuron's type and location in the nervous system.

Mental Retardation

An outdated term now referred to as intellectual disability, characterized by below-average intellectual function and a lack of skills necessary for daily living.

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, a handbook used by healthcare professionals as the authoritative guide to diagnosing mental disorders.