Utility Is

question 25

Multiple Choice

Utility is:

• A) maximized by rational individuals.
• B) revealed by observing choices an individual makes.
• C) the satisfaction individuals get from different bundles of goods.
• D) All of these are true.

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Definitions:

Fetal Development

Period in human development from 3 to 9 months after conception that involves growth of the fetus and development of the internal organs.

Four-chambered Heart

A type of heart structure found in mammals and birds, consisting of two atria and two ventricles that separates oxygenated from deoxygenated blood.

Ectothermic

Body temperature that varies according to the environmental temperature.

Endothermic

A reaction or process accompanied by or requiring the absorption of heat.