The Host at a Party Offers Justin a Sixth Beer

question 153

Multiple Choice

The host at a party offers Justin a sixth beer.Justin says, "No thanks, man.The marginal utility of that fifth beer was, like, 20 cents, but the marginal utility of the sixth would be minus 10 cents." If Justin consumes the sixth beer, his total utility will

• A)rise by 10 cents.
• B)reach a plateau and remain constant.
• C)fall by 10 cents.
• D)fall below his marginal utility.

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Definitions:

Antibiotics

Medicinal substances used to kill or inhibit the growth of bacteria, often used in the treatment and prevention of bacterial infections.

Carbonic Anhydrase

Enzyme in red blood cells that speeds the formation of carbonic acid from water and carbon dioxide.

Carbonic Acid

A weak acid formed when carbon dioxide dissolves in water, playing a key role in buffering blood pH.

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration. It is naturally present in air.