People View Alcohol and Marijuana as Perfect Substitutes

question 74

Multiple Choice

People view alcohol and marijuana as perfect substitutes.This means that

• A) individuals will consume either alcohol or marijuana, but not both, regardless of price.
• B) as the price of alcohol decreases, marijuana use decreases.
• C) the marginal utility for alcohol and marijuana is constant.
• D) Both B and C.

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Definitions:

Genetic Bottleneck

An event that drastically reduces the size and genetic diversity of a population, influencing future generations' genetic variation.

Population Size

The sum of people living in a specified region during a specific time period.

Antagonistic Pleiotropy

A genetic situation where a single gene controls more than one trait, but those traits have opposing effects on an organism's fitness.