Table-Demand and Utility Table for Action Figures -If the Price of Action Figures Was $8

question 125

Multiple Choice

Table-Demand and Utility Table for action figures $$\begin{array} { | c | c | c | c | } \hline \text { Price } & \text { Quantity Demanded } & \text { Marginal Utility } & \text { Total Utility } \\\hline \$ 14 & 1 & & \\\hline \$ 12 & 2 & & \\\hline \$ 10 & 3 & & \\\hline \$ 8 & 4 & & \\\hline \$ 6 & 5 & & \\\hline\end{array}$$
-If the price of action figures was $8.00 each,his consumer surplus would be

• A)$8.
• B)$12.
• C)$16.
• D)$32.
• E)$44.

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Definitions:

Trait

A stable characteristic or quality of an individual that influences thoughts, actions, and feelings, consistently exhibited across various situations.

Genetic Variation

Refers to the diversity in gene frequencies within a population, resulting from mutations, genetic recombination, and other sources of genetic change.

Reaction Range

The concept that an individual's genetic makeup sets a range of potentialities, and the environment determines how much of this potential is achieved.

Genetically Determined

Attributes or characteristics that are passed from parents to offspring through genes.