If a Rational Consumer Must Consume Either Zero or One

question 67

True/False

If a rational consumer must consume either zero or one unit of a good, then an increase in the price of that good with no change in income or in other prices can never lead to an increase in the consumer's demand for it.

---

Definitions:

Coexistence

The state or condition of living in harmony and peace with others, despite differences.

Personalities

The characteristic sets of behaviors, cognitions, and emotional patterns that evolve from biological and environmental factors, shaping an individual's distinct identity.

Dissociative Disorders

Psychological conditions characterized by a disruption of and/or discontinuity in the normal integration of consciousness, memory, identity, emotion, perception, body representation, motor control, and behavior.

Consciousness

The awareness of internal and external stimuli, including the feeling of self-awareness and the possession of thought processes.