The Following Table Shows Mia's $ Marginal Utility for Litres

question 132

Multiple Choice

The following table shows Mia's $ marginal utility for litres of soya milk:

-Refer to the above table to answer this question.Suppose that Mia has a budget of $7 and the price of a litre of soya milk is $1,how much consumer surplus will Mia receive as a result of her purchases?

• A)0.
• B)$1.
• C)$15.
• D)$35.
• E)Cannot be determined.

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Definitions:

Foot-In-The-Door Technique

A persuasive strategy where a smaller request is made first to increase the likelihood of agreement to a larger request later.

Attitude

A predisposition in one's mindset to appraise an entity positively or negatively, indicating favoritism or antipathy.

Behavior

Behavior refers to the actions or reactions of an organism, usually in relation to its environment, which can be observable or measurable.

Milgram's Obedience Experiment

A psychological experiment conducted by Stanley Milgram which measured the willingness of participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience.