If a Consumer Can Gain Extra Satisfaction, to the Extent

question 133

Multiple Choice

If a consumer can gain extra satisfaction, to the extent of receiving more satisfaction than he or she is paying for, the consumer is obtaining

• A) a good deal.
• B) negative utility.
• C) consumer surplus.
• D) the demand factor.
• E) consumer sovereignty.

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Definitions:

Kinesthetic Sense

The sense through which one perceives the position and movement of their body, including limbs, muscles, and joints, without using sight.

Forefinger

The first finger or the finger next to the thumb, also known as the index finger, used for pointing or indicating.

Size Constancy

A perceptual mechanism that allows the brain to perceive objects as having a constant size, despite changes in distance or the size of the image on the retina.

Physical Dimensions

Measurements or aspects of objects and spaces, such as length, width, height, and volume.