To Help Us Expand Our Use of Solar Energy, Chemists

question 78

Multiple Choice

To help us expand our use of solar energy, chemists are developing new materials used for ______.

• A) trash disposal
• B) medicines
• C) manufacturing
• D) solar panels
• E) None of the above.

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Definitions:

Utility

A measure of satisfaction, usefulness, or pleasure derived from consuming goods and services.

Budget Constraint

A limit on the consumption bundles that a consumer can afford given the prices of goods and the consumer's income.

Utility

The satisfaction or benefit derived from the consumption of goods and services.

Optimal Consumption Bundles

Combinations of goods and services that provide the highest utility to a consumer given his or her preferences and budget constraints.