By 1900, in Which One of the Following Countries Had

question 19

Multiple Choice

By 1900, in which one of the following countries had full literacy not been achieved?

• A)Germany
• B)Great Britain
• C)France
• D)Denmark
• E)Bulgaria

Calculate total utility from given data.

Derive marginal utility from changes in total utility.

Understand and calculate consumer surplus.

Recognize the role of price in consumer demand and surplus.

---

Definitions:

Early Majority

A segment of consumers in the diffusion of innovation theory who adopt new products or services after a careful review once they have been proven by early adopters.

Reese's Pieces

A brand of candy consisting of peanut butter filling encased in a shell of milk chocolate, marketed by The Hershey Company.

Late Majority

A category within the diffusion of innovations theory that refers to individuals who adopt a new technology or concept after the average member of a society.

Early Majority

A group in the diffusion of innovation model, representing consumers who adopt new products or technologies just before the average person and after the innovators and early adopters.