We Would Expect the Total Utility of Diamonds to Be

question 98

Multiple Choice

We would expect the total utility of diamonds to be __________ than the total utility of water and the marginal utility of diamonds to be __________ than the marginal utility of water.

• A)higher; higher
• B)lower; lower
• C)higher; lower
• D)lower; higher

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Definitions:

Ethnic Profiling

The use by law enforcement of an individual's race or ethnicity as a key factor in deciding whether to engage in enforcement (e.g., make a traffic stop or arrest).

Religious Profiling

The practice of subjecting people to increased security or scrutiny based on their religion or beliefs, often resulting in discrimination or prejudice.

Unintended Consequence

An outcome of an action or decision that was not anticipated or intended, often impacting the original goals or plans.

Fundamentalists

Individuals or groups with strict adherence to the basic principles of any subject or discipline, often in a religious context.