Suppose the Marginal Utility (MU) of a Paperback Books Is

question 156

Multiple Choice

Suppose the marginal utility (MU) of a paperback books is 60 utils and each book costs $10, while the MU of a hamburger is 50 utils and each costs $7.50. If you consume one movie and buy one hamburger per week, are you attaining consumer equilibrium?

• A)Yes, so there is no need to change.
• B)No.You need to buy more books and fewer hamburgers to move toward consumer equilibrium.
• C)No.You need to buy more hamburgers and fewer books to move toward consumer equilibrium.
• D)There is not enough information to answer the question.

---

Definitions:

Play

Engaging in activities for enjoyment and recreation rather than a serious or practical purpose, especially characteristic of children.

Gender Differences

The distinctions in characteristics, behavior, and roles traditionally associated with being male or female, influenced by social, cultural, and psychological factors.

Aggression

Behavior intended to harm or intimidate others.

Overt Aggression

Visible or outwardly expressions of hostility or aggression towards others, which can include verbal or physical actions.