Betty Consumes Good X and Good Y

question 28

Multiple Choice

Betty consumes good x and good y.If the price of x = $3 and the price of y = $4,then

• A) an extra unit of x costs 4/3 units of y.
• B) an extra unit of y costs 4/3 units of x.
• C) an extra unit of x costs 3/4 units of y.
• D) Both B and C.

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Definitions:

Pheromones

Chemical signals released by an organism to affect the behavior or physiology of other members of the same species.

First Messenger

A signaling molecule that binds to a receptor on the surface of a cell and triggers a biochemical cascade that conveys signals inside the cell.

Second Messenger

Intracellular signaling molecules released by the cell in response to exposure to extracellular signaling molecules.

Type 1 Diabetes

A chronic condition where the pancreas produces little to no insulin, leading to elevated blood sugar levels.