Most People Would Prefer to Drive a Luxury Car That

question 272

Multiple Choice

Most people would prefer to drive a luxury car that has all the options, but more people buy less expensive cars even though they could afford the luxury car because

• A)car buyers are irrational.
• B)the total utility of less expensive cars is greater than that of luxury cars.
• C)the marginal utility per dollar spent on the less expensive car is higher than that spent on luxury cars.
• D)luxury cars cost a lot more than non-luxury cars.

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Definitions:

Primary Bronchus

One of the two main branches of the trachea that lead directly into the lungs, conducting air in and out.

Secondary Bronchus

A branch of the primary bronchus that further divides into smaller airways in the lungs, known as tertiary bronchi.

Hilus

The part of an organ where blood vessels, nerves, and other structures enter or exit, commonly referenced in the context of the lungs and kidneys.

Pleura

A double-layered membrane surrounding each lung, which provides lubrication and facilitates breathing movements.