If You Were a Career Counselor Working with a College

question 112

Multiple Choice

If you were a career counselor working with a college student, which of the following suggestions would you be unlikely to give the student?

• A) Engage in work-related tasks or personal experimentation.
• B) Avoid being confused by talking to a lot of people.
• C) Gather information about various careers or fact finding.
• D) Focus on self-evaluation.

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Definitions:

Marginal Utility

The extra pleasure or benefit a consumer receives from using an additional unit of a product or service.

Demand Schedule

A table that lists the quantity of a good that consumers are willing and able to purchase at varying price points, at a specific moment in time.

Total Utility

The total satisfaction or benefit that a consumer derives from consuming a certain quantity of goods or services.

Consumer Surplus

Describes the difference between the total amount that consumers are willing and able to pay for a good or service and the total amount that they actually pay.