Statement I: If a poor person found a ten-dollar bill lying on the sidewalk,he would get more utility from what he could buy with it than a rich person.
Statement II: There is no answer to the question: "What is the utility of the economics course you're taking?"
A)Statement I is true and statement II is false.
B)Statement II is true and statement I is false.
C)Both statements are true.
D)Both statements are false.

Question

Quizplus · Accepted Answer

The Answer of Statement I: If a poor person found a ten-dollar bill lying on the sidewalk,he would get more utility from what he could buy with it than a rich person.
Statement II: There is no answer to the question: "What is the utility of the economics course you're taking?"
A)Statement I is true and statement II is false.
B)Statement II is true and statement I is false.
C)Both statements are true.
D)Both statements are false.

Statement I: If a Poor Person Found a Ten-Dollar Bill