Henry Considered Two Criteria When He Selected His Laptop,efficiency of the CPU

question 38

Multiple Choice

Henry considered two criteria when he selected his laptop,efficiency of the CPU and the capacity of the hard disk drive.These features represent Henry's _____ criteria while buying the laptop.

• A) recombinant
• B) fulminant
• C) discriminant
• D) examinant
• E) determinant

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Definitions:

Utility Levels

Quantitative measures of the satisfaction or happiness that individuals derive from consuming goods and services.

Indifference Curve

A graphical representation that shows different combinations of goods or services among which a consumer is indifferent, indicating the same level of satisfaction or utility.

Combination

A selection of items or elements without regard to the order in which they are selected.

Indifference Curves

Graphical representations in economics showing different combinations of two goods that provide equal satisfaction and utility to an individual.