A Change in the Price of One Good Leads to All

question 143

Multiple Choice

A change in the price of one good leads to all of the following,except one.Which is the exception?

• A)a change in the slope of the budget line
• B)a new point of consumer utility maximization
• C)a change in the trade-off between the two goods
• D)a change in the marginal utility of each unit of the good
• E)a change in the marginal utility per dollar spent on the good

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Definitions:

Basilar Membrane

A membrane in the cochlea of the inner ear that vibrates in response to sound and plays a key role in the sense of hearing.

Auditory Information

Data or knowledge received and processed through the sense of hearing.

Trigeminal Nerve

The fifth cranial nerve responsible for sensory data such as tactition (pressure), thermoception (temperature), and nociception (pain) from the face and head; it also manages motor functions such as biting and chewing.

Taste Receptor Cells

Specialized cells found in taste buds that are responsible for detecting different tastes like sweet, sour, salty, and bitter.