Multiple Choice
When utility derived from many goods is multiplied or divided by any number, the new utility measure indicates
A) a different set of preferences for the highest and the lowest quantities of goods consumed, but the same preferences for the middle quantities.
B) the same preferences as before.
C) a different set of preferences only for the highest quantities of goods consumed.
D) a different set of preferences only for the lowest quantities of goods consumed.
E) an entirely different set of preferences.
Correct Answer:

Verified
Correct Answer:
Verified
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