If a Consumer Is Given a $10 Gift Certificate, Good

question 145

Multiple Choice

If a consumer is given a $10 gift certificate, good only for items in store X and all items in store X are normal goods, then the consumer desires to consume

• A)more goods in store X.
• B)less goods in store X.
• C)the same amount of goods in store X.
• D)none of the statements associated with this question are correct.

---

Definitions:

Information

Data that is processed, organized, or presented in a context that gives it meaning.

Ethics

A branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong behavior.

Utilitarian Rule

An ethical principle that suggests the best action is the one that maximizes utility, often interpreted as achieving the greatest good for the greatest number of people.

Practical Rule

A guideline or procedure based on practical considerations, often derived from experience, for effective action or decision-making.