When Using the Property If $a = b$ , Then $a ^ { n } = b ^ { n }$

question 226

True/False

When using the property If $a = b$ , then $a ^ { n } = b ^ { n }$ , all potential solutions must be checked in the original equation.

---

Definitions:

Marginal Rate of Substitution

The rate at which a consumer is willing to substitute one good for another while maintaining the same level of utility.

Good X

A symbolic term often used in economics to represent any generic commodity or product under consideration for analysis.

Units

Measurements or quantities ascertained by established standards used for trading, scientific experiments, and other purposes.

Utility Function

Refers to the model used by economists to estimate the level of utility or satisfaction a consumer derives from the consumption of goods and services, highlighting consumer preferences.