Which of the Following Statements Is Said to Be True

question 3

Multiple Choice

Which of the following statements is said to be true about massage?

• A) Human touch is as essential in the high-tech age as food and water.
• B) Massage therapy gained acceptance in the United States with the fitness boom.
• C) Massage falls into three categories: Oriental, European, and American.
• D) Human touch is as essential in the high-tech age as food and water, and massage therapy gained acceptance in the United States with the fitness boom.
• E) All of these are correct.

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Definitions:

Marginal Rate of Substitution

The rate at which a consumer can give up some amount of one good in exchange for another good while maintaining the same level of utility.

Good X

A placeholder term that can refer to any commodity or product under consideration in an economic model or context.

Good Y

Typically refers to a variable representing a particular good or service in economic models.

Units

A standard measurement or quantity used to specify or measure, such as pieces, liters, or kilograms.