Who Studied in Alexandria, Was a Mathematician, Established the Science

question 44

Multiple Choice

Who studied in Alexandria, was a mathematician, established the science of hydrostatics, and created many ingenious inventions but dismissed his practical inventions as unimportant?

• A)Archimedes of Syracuse
• B)Euclid
• C)Aristarchus of Samos
• D)Eratosthenes
• E)Philo of Alexandria

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Definitions:

Utility Maximization

The economic principle that individuals seek to obtain the greatest satisfaction or utility from their choices given their resources.

Marginal Utility

The additional satisfaction or usefulness gained from consuming one more unit of a good or service.

Income Effect

is the change in an individual's or economy's income and how that change will impact the quantity demanded of a good or service.

Substitution Effect

The change in consumption patterns due to a change in relative prices, leading consumers to replace more expensive items with less expensive ones.