You Will Find Very Few Sushi Bars That Will Serve

question 226

Multiple Choice

You will find very few sushi bars that will serve fugu because:

• A)Few non-Japanese diners like the taste
• B)It is far too expensive for most sushi shops to offer as regular fare
• C)It can kill if carelessly prepared
• D)It is a source of botulinum toxin

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Definitions:

Total Expenditures

The overall amount spent on goods and services.

Utility Function

A mathematical representation of how individual preferences are aggregated to represent satisfaction or utility from consuming goods and services.

Marginal Utility

The additional satisfaction or benefit received by consuming one more unit of a good or service.

Budget Line

A representation of all possible combinations of two goods that an individual can afford given their income and the prices of the goods.