If the Marginal Utility Per Dollar Is Not the Same

question 99

Multiple Choice

If the marginal utility per dollar is not the same for each good,the consumer could _____ her utility by spending ______ on goods for which the marginal utility per dollar is higher.

• A)decrease,more
• B)increase,more
• C)maximize,less
• D)increase,less

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Definitions:

Whig Party

A political party active in the middle of the 19th century in the United States, which was opposed to the policies of the Democratic Party and advocated for a more active role of the federal government, especially in supporting a market economy.

Know-Nothings

A political movement in the mid-19th century United States that was anti-immigrant and anti-Catholic, advocating for strict immigration laws.

Pro-Protestant

Favoring or supporting the Protestant faith or its adherents.

Anti-Temperance

Opposition to the temperance movement, which advocated for the moderation or total abstinence from alcohol consumption.