The Consumer's Optimal Choice Is the One in Which the Marginal

question 356

Multiple Choice

The consumer's optimal choice is the one in which the marginal utility per dollar spent on good X is

• A)equal to the marginal utility per dollar saved on good X.
• B)greater than the marginal utility per dollar spent on good Y.
• C)equal to the marginal utility per dollar spent on good Y.
• D)less than the marginal utility per dollar spent on good Y.

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Definitions:

Down Syndrome

A genetic disorder caused by the presence of an extra 21st chromosome, leading to developmental and physical characteristic differences.

Mental Retardation

An outdated and now considered offensive term for intellectual disability, which is characterized by limitations in intellectual functioning and adaptive behavior.

Mutations

Permanent alterations in genes or chromosomes that may produce harmful characteristics.

Heritability

The proportion of variation in a trait among individuals that can be attributed to genetic variations.