If the Marginal Utilities from Two Goods Are Not Equal,then

question 27

Multiple Choice

If the marginal utilities from two goods are not equal,then the consumer

• A)cannot be in equilibrium.
• B)should increase consumption of the good with the lower marginal utility.
• C)should decrease consumption of the good with the lower marginal utility.
• D)may possibly be in equilibrium.
• E)will definitely be in equilibrium.

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Definitions:

Tardiness

The act of being late or delaying arrival beyond the expected or scheduled time.

Absenteeism

The habitual non-presence of an employee at their job, which can be voluntary or involuntary, and often affects productivity.

Alienation

The feeling of being isolated and disconnected from one’s work, society, or sense of self.

Vertical Loading

A management concept involving the process of delegating more responsibilities and higher-level tasks to employees to increase their involvement and motivation.