In Consumer Equilibrium,the Marginal Utility of Good A,B and C

question 40

Multiple Choice

In consumer equilibrium,the marginal utility of good A,B and C are 100,300,and 400 respectively.If the price of good A was $35,then the prices of goods B and C,respectively,are:

• A) $105 and $140.
• B) $140 and $105.
• C) $105 and $175.
• D) $140 and $175.

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Definitions:

Continuously

Ongoing without interruption or cease, typically used to describe processes or operations that do not stop or pause.

Partially

To some extent but not completely; involving only a part or portion.

Intermittently

Describes something occurring at irregular intervals; not continuously or steadily.

Social Cognitive Theory

A theoretical framework that emphasizes the importance of observational learning, imitation, and modeling in acquiring new behaviors.