Suppose Isaac's Marginal Utility from Attending His 10th San Antonio

question 337

Multiple Choice

Suppose Isaac's marginal utility from attending his 10th San Antonio Spurs game was 50 and the marginal utility from attending his 1st Rihanna concert was 200. Assume that the price of a Spurs ticket is $30 and the price of a Rihanna ticket is $100. Which of the following would be TRUE?

• A) Isaac would attend more Rihanna concerts and less Spurs games.
• B) Isaac would attend more Spurs games and less Rihanna concerts.
• C) Isaac would not alter his behavior.
• D) Isaac would attend less of both Spurs games and Rihanna concerts.

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Definitions:

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The conductor in an electrical system that is grounded and carries current only under fault conditions, providing a path for current to return to its source in a balanced system.

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An electrical measuring instrument that accurately measures the root mean square (RMS) of a varying current, reflecting true power even in non-sinusoidal situations.