menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 4
  4. Exam
    Exam 4: Consumer and Firm Behaviour: The Work–Leisure Decision and Profit Maximization
  5. Question
    "More Is Always Preferred to Less" Refers to
Solved

"More Is Always Preferred to Less" Refers to

Question 55

Question 55

Multiple Choice

"More is always preferred to less" refers to


A) choices between work and leisure.
B) choices between happiness and utility.
C) choices between consumption and work.
D) choices between consumption and leisure.
E) more consumption and less leisure.

Correct Answer:

verifed

Verified

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

Related Questions

Q32: In a typical aggregate production function, total

Q50: The representative consumer acts competitively<br>A) when he

Q51: The Solow residual is a measure of<br>A)

Q52: In the goal of consumer optimization, it

Q53: In a one-period economy<br>A) consumption equals disposable

Q54: A dynamic decision is one that<br>A) is

Q56: For macroeconomic purposes, it is assumed that

Q57: Of the following, which is the least

Q59: The optimal consumption bundle is the point

Q60: We assume that the representative consumer's preferences

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines