Which of the Following Statements About Utility and Preferences Is

question 225

Multiple Choice

Which of the following statements about utility and preferences is false?

• A)If Sidra prefers tea to coffee and coffee to hot chocolate, then she must prefer tea to hot chocolate.
• B)Preferences can be ranked.
• C)If two individuals, Ingrid and Inez, each consume the same bundle of goods, then both Inez and Ingrid must receive the same utility from the bundle.
• D)Utility cannot be compared across consumers.

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Definitions:

Aetiology

The study of the causes or origins of diseases and disorders.

Epidemiology

The study and analysis of the distribution, patterns, and determinants of health and disease conditions in defined populations.

Prognosis

A prediction regarding the likely course and outcome of a disease or condition, based on medical knowledge and patient-specific factors.

Diagnosis

The process of identifying and determining the nature of a disease or disorder through evaluation of patient history, examination, and review of laboratory data.