If a Consumer Always Buys Goods Rationally, Then

question 56

Multiple Choice

If a consumer always buys goods rationally, then

• A)the total utilities of the different goods consumed will be equal.
• B)the average utilities of the different goods consumed will be equal.
• C)the marginal utility per dollar spent on all goods will be equal.
• D)the marginal utility of the different goods consumed will be equal.

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Definitions:

Role Conflict

A situation where an individual faces competing demands or expectations from different roles they occupy, creating stress or difficulty in fulfilling these roles simultaneously.

Role Conflict

The tension caused by competing demands between two or more roles pertaining to different statuses.

Different Roles

Refers to the variety of functions or parts played by individuals in a societal, organizational, or relational context.

Emotion Management

Emotion management involves individuals' efforts to regulate and control their own emotional states or expressions in accordance with social norms or occupational expectations.