Solved

Figure 21-4 This Figure Shows a Consumer's Choice Between Popcorn and Juice

Question 49

Multiple Choice
Figure 21-4
This figure shows a consumer's choice between popcorn and juice.
 
-Refer to Figure 21-4.What position is a person who chooses to consume bundle C likely to end up in
A)He will receive higher total utility than at point A. 
B)He will gain more satisfaction from bundle C than bundle A. 
C)He will receive higher marginal utility from popcorn than from juice. 
D)He will receive higher marginal utility from juice than from popcorn.

Figure 21-4
This figure shows a consumer's choice between popcorn and juice.
Figure 21-4 This figure shows a consumer's choice between popcorn and juice.    -Refer to Figure 21-4.What position is a person who chooses to consume bundle C likely to end up in A) He will receive higher total utility than at point A. B) He will gain more satisfaction from bundle C than bundle A. C) He will receive higher marginal utility from popcorn than from juice. D) He will receive higher marginal utility from juice than from popcorn.
-Refer to Figure 21-4.What position is a person who chooses to consume bundle C likely to end up in


A) He will receive higher total utility than at point A.
B) He will gain more satisfaction from bundle C than bundle A.
C) He will receive higher marginal utility from popcorn than from juice.
D) He will receive higher marginal utility from juice than from popcorn.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents