Suppose That the Price of a Pizza Is $10 and That

question 71

Multiple Choice

Suppose that the price of a pizza is $10 and that the price of a blouse is $30.At her present level of consumption,Magda's ratio of marginal utility of pizza to marginal utility of blouses is 1/2.To maximize total utility,she should

• A)buy more pizzas and fewer blouses
• B)buy fewer pizzas and more blouses
• C)continue to buy the same quantities of pizza and blouses
• D)spend more time consuming pizza
• E)spend more time buying blouses

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Definitions:

Political Asylum

A protection granted by a country to foreign nationals who have fled their own country due to political persecution.

Naturalized Citizens

Individuals not born in a country but who have legally obtained its citizenship after fulfilling certain criteria set by the nation's laws.

Anticommunist Measures

Policies or actions implemented to counteract or suppress communist ideology and influences.

Committee on Immigration

A designated group or official body tasked with overseeing and regulating immigration policies and issues.