As a Consumer Allocates Income Between Good a and Good

question 23

Multiple Choice

As a consumer allocates income between good A and good B, total utility is maximized when

• A)the marginal utility of A = the marginal utility of B
• B)the marginal utility of A = the marginal utility of B = 0
• C)the price of A = price of B
• D)marginal utility of A/price of A = marginal utility of B/price of B = 0
• E)marginal utility of A/price of A = marginal utility of B/price of B

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Definitions:

Oceanic Crust

the part of the Earth's crust that underlies the oceans, thinner and denser than continental crust.

Upper Mantle

The upper mantle refers to the portion of the Earth's mantle that lies just beneath the crust, extending down to a depth of about 660 kilometers, involved in tectonic movements and convection currents.

Lower Mantle

The deeper section of the Earth’s mantle extending from 670 kilometers below the surface to the outer core, characterized by high pressure and temperature.

Continental Ice Sheets

Massive layers of ice covering large areas of continental land, primarily in polar regions, formed from accumulated snowfall.