If Darlene's Marginal Benefit from Consuming Another Cookie Is Greater

question 16

Multiple Choice

If Darlene's marginal benefit from consuming another cookie is greater than the price of the cookie,then _____

• A)Darlene will not purchase any more cookies, as the opportunity cost of purchasing another cookie will be more than its price.
• B)Darlene will purchase more cookies as her total utility is zero.
• C)Darlene will purchase more cookies, as her marginal utility will decrease with the additional purchase.
• D)Darlene will purchase more cookies, as her marginal utility will increase with the additional purchase.
• E)Darlene will not purchase any more cookies ,as a reallocation of her budget will decrease her utility.

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Definitions:

Research Study

A systematic investigation aimed at discovering new knowledge or understanding existing information through a defined procedure.

Behavioral Intention

An individual's conscious plan or decision to exert effort to perform a particular behavior, often influenced by attitudes towards the behavior and subjective norms.

Theory of Reasoned Action

A psychological theory that predicts an individual's behavior based on their intention to perform that behavior, which is influenced by attitudes towards the behavior and subjective norms.

Planned Behavior

Refers to the Theory of Planned Behavior, which predicts how individuals' intentions toward behaviors are influenced by attitudes, subjective norms, and perceived behavioral control.