Assume That the Marginal Utility from Good X Is 10

question 312

Multiple Choice

Assume that the marginal utility from good x is 10 units and that the price of good x is $5 per unit. The marginal utility from good y is 15 units and its unit price is $7. In this situation, a utility-maximizing consumer should

• A) consume more of good x.
• B) consume only good y.
• C) consume more of good y.
• D) consume neither x nor y.

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Definitions:

Sexual Isolation

A form of reproductive isolation where differences in mating rituals, timings, or preferences prevent members of different species or populations from interbreeding.

Behavioral Isolation

A form of reproductive isolation where two populations do not mate because of differences in courtship rituals or other behaviors.

Gametic Isolation

A type of prezygotic barrier where the gametes (egg and sperm) of two different species are unable to fuse or recognize each other, preventing fertilization.

Sympatric Species

Species that occupy the same or overlapping geographical areas but remain genetically distinct without interbreeding.