Randi Is Considering Adopting a Vegetarian Diet

question 23

Multiple Choice

Randi is considering adopting a vegetarian diet. She has two friends who are vegetarians: Serdar, who has followed a vegan diet for 10 years, and Rafael, who follows a lacto-ovo vegetarian diet. Randi knows she has a lot to learn before becoming a vegetarian. She has decided to have Serdar and Rafael over for dinner to talk more about their diets and gather tips. For dinner, she makes a vegetarian stir-fry that consists of fresh vegetables, tofu, and spices; a noodle casserole with egg noodles, chicken broth, and cheese; and a strawberry shortcake with homemade ice cream for dessert. She is excited to share the meal with her friends while she learns more about their dietary lifestyles.
Serdar and Rafael both _____.

• A) consume milk
• B) consume eggs
• C) consume fish
• D) exclude red meat
• E) exclude milk and milk products

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Definitions:

Price of X

The cost at which a specific item or commodity, denoted as "X," is sold in the market.

Marginal Rate of Substitution

The exchange rate between goods that allows a consumer to trade off one product for another without altering their overall happiness.

Convex Preferences

A characteristic of consumer preference whereby a consumer prefers combinations or mixtures of goods over extreme amounts of single goods, displaying a preference for diversification.

Indifference Curve

A graph showing a combination of two goods that give a consumer equal satisfaction and utility, demonstrating the consumer's preference.