-If the Price of a Is $3 and the Price

question 150

Multiple Choice

-If the price of A is $3 and the price of B is $5, then, in a consumer optimum

• A) the quantity purchased of B must be 60 percent of the quantity of A purchased.
• B) the quantity purchased of B must be 67 percent of the quantity of A purchased.
• C) the marginal utility of B must be 67 percent more than the marginal utility of A.
• D) the marginal utility of A must equal 3 and the marginal utility of B must equal 5.

---

Definitions:

Crowdsourcing

The practice of obtaining information, ideas, or content by soliciting contributions from a large group of people, particularly from an online community.

Document Version

A specific iteration of a text or file that has been edited or updated from its original form, often tracked for revision history and collaboration purposes.

IM Or Text Messaging

The activity of sending short messages, often known as texts, between cell phones or over the internet using instant messaging applications.

Teleconferences

Meetings held via telephone or video link, allowing participants to communicate from different locations.