Figure: Consumption Bundle 
Refer to the figure. Which statement is FALSE?
A) The optimal consumption bundle contains five movie downloads and 10 music downloads.
B) The MRS is 0.50 at the optimal consumption bundle.
C) The price per music download is half as expensive as the price per movie download.
D) In the optimum consumption bundle, the marginal utility of movie downloads equals half the marginal utility of music downloads.
Correct Answer:
Verified
Q45: What does a single indifference curve represent?
A)
Q46: The consumption bundle that maximizes utility for
Q52: As indifference curves move northeast or away
Q53: Use the following to answer questions:
Figure: Optimal
Q55: At the consumer's optimal consumption bundle, the
Q57: Use the following to answer questions:
Figure: Indifference
Q61: Use the following to answer questions:
Figure: Music
Q69: If there are only two goods in
Q75: The _ is the change in consumption
Q76: Use the following to answer questions:
Figure: Water
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents