Refer to the following table. At this level of consumption of goods A and B, the consumer: Good AGood BMarginal utility100500Price$20$50
A. could increase total satisfaction for a given expenditure by increasing the consumption of B and decreasing that of A.
B. could increase total satisfaction for a given expenditure by increasing the consumption of A and decreasing that of B.
C. is maximizing satisfaction for the given expenditure.
D. should consume only A.
Answer: A
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A) National Bank Act of 1863. B) Federal Reserve Act of 1913. C) Glass-Steagall Act. D) McFadden Act.
A risk-averse individual has
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