Michael Consumes Only Steak and Lobster

question 115

Multiple Choice

Michael consumes only steak and lobster. Suppose that the price of steak rises. After Michael is back at equilibrium, compared to the situation when steak was cheaper, the marginal utility from the last steak will

• A) have increased.
• B) not have changed.
• C) have decreased.
• D) not be comparable with the marginal utility before the price hike.

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Definitions:

Health Promotion

The process of enabling people to increase control over, and to improve, their health through lifestyle changes, education, and advocacy.

Negative Health Behavior

Actions or habits by individuals that are detrimental to health, such as smoking, excessive alcohol intake, poor diet, and lack of exercise.

Pack of Cigarettes

A standard unit containing a specific number of cigarettes, usually 20, packaged and sold together.

Primary Prevention

Involves measures taken to prevent the occurrence of disease, injury, or other health problems before they happen.