Suppose That 2 Units of X and 8 Units of Y

question 92

Multiple Choice

Suppose that 2 units of X and 8 units of Y give a consumer the same satisfaction as 4 units of X and 2 units of Y.Then

• A)the consumer is willing to give up 3 units of Y to obtain 1 more unit of X.
• B)the consumer is willing to give up 1 unit of Y to obtain 3 more units of X.
• C)the marginal rate of substitution of Y for X is 3.
• D)both a and c
• E)both b and c

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Definitions:

Equal Relationships

Relationships characterized by fairness, equality in power and contributions, and mutual respect between parties.

Interrole Conflict

A conflict that arises when the expectations of different roles that an individual holds are incompatible or in opposition.

Defining Moments

Pivotal situations or decisions in a person’s life or career that significantly impact their future direction and personal narrative.

Displacement

An aggressive mechanism in which an individual directs his or her anger toward someone who is not the source of the conflict.