The Below Table Shows the Average Utility (In Utils) Obtained

question 99

Multiple Choice

The below table shows the average utility (in utils) obtained from the consumption of goods A and B.Table 7.3

-In order to maximize utility, consumers _____.

• A)continue to make purchases until the marginal utility of each good is zero
• B)compare the marginal utilities of the last dollar spent on each good
• C)equate the total utilities of each good consumed
• D)continue to purchase a good until total utility is equal to zero
• E)will continue purchasing till diminishing marginal utility is not achieved

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Definitions:

Behavior Genetics Perspective

A field of study focused on understanding how genetic and environmental variables contribute to variations in behavior.

Inborn Traits

Characteristics or properties present in an individual at birth, determined by genetic factors.

Social Influences

The effects that the words, actions, or mere presence of other people have on an individual's thoughts, feelings, attitudes, or behavior.

Homosexual Behavior

relates to sexual activities between individuals of the same sex.