If the Marginal Utility of an Extra Hamburger Is 8

question 88

Multiple Choice

If the marginal utility of an extra hamburger is 8 utils,the marginal utility of a soft drink is 5 utils,the price of a hamburger is $1,and the price of a soft drink is 50 cents,then the consumer can achieve equilibrium when:

• A)she buys more hamburgers.
• B)she buys more soft drinks.
• C)the price of soft drinks increases.
• D)the price of hamburgers decreases.

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Definitions:

Disagreement Signals

Behavioral or verbal cues indicating a difference in opinion or dissatisfaction.

Unplanned Situation

an unexpected event or circumstance that arises without forethought or anticipation, often requiring immediate attention or action.

Close-ended Questions

Close-ended questions are queries that can be answered with a simple "yes" or "no" or with a very limited set of responses, allowing for quick answers but limiting discussion depth.

Acceptance Signals

Non-verbal or verbal cues from potential customers that indicate interest, agreement, or willingness to proceed in a sales conversation.