According to the Rational Spending Rule,for a Rational Consumer the Relationship

question 98

Multiple Choice

According to the rational spending rule,for a rational consumer the relationship between the price of an item and the utility gained by consuming that item is

• A)the lower the price,the greater the total utility.
• B)the lower the price,the greater the marginal utility.
• C)the lower the price,the lower the marginal utility.
• D)the higher the price,the lower the marginal utility.

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Definitions:

Glomeromycota

A phylum of fungi forming symbiotic relationships with the roots of most plants, aiding in their nutrient absorption.

Endomycorrhizae

A type of mycorrhiza in which the fungus penetrates the cortical cells of the roots of a vascular plant, forming a mutualistic relationship.

Chytrids

A phylum of simple, aquatic fungi that can be parasitic or saprobic and have a unique mode of mobility involving flagella.

Flagellate

A unicellular nonphotosynthetic protist that has one or more long, whiplike flagella.