Examlex

Solved

Alice Really Likes a Pair of Pants She Saw in a Store

question 16

Multiple Choice

Alice really likes a pair of pants she saw in a store in the mall. She values the pants at 45 utils based on her willingness to pay $45 for the pants. The price of the pants is only $30. What is the utility that Alice gains by purchasing the pants?


Definitions:

Enolate Ion

A negatively charged ion formed by the deprotonation of an alpha carbon to a carbonyl group in an aldehyde or ketone.

Acetophenone

Acetophenone is an aromatic ketone, known as the simplest aromatic ketone, used as a precursor in the synthesis of fragrances and resins.

β-diketone

A type of organic compound containing two keto (carbonyl) groups separated by a carbon atom, often depicted as RC(=O)CH2C(=O)R'.

Enols

Molecules containing a hydroxyl group attached to a carbon atom that is double-bonded to another carbon atom.

Related Questions