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If the Marginal Value of 1 Bottle of Shampoo Is

Question 21

Multiple Choice

If the marginal value of 1 bottle of shampoo is 4 soap bars,then


A) the absolute price of shampoo is 4 times the absolute price of a soap bar.
B) trading away 1 bottle of shampoo for 4 bars of soap will not affect the consumer's level of satisfaction.
C) the consumer's optimum contains 4 times as many bars of soap as bottles of shampoo.
D) shampoo provides 4 times as much satisfaction to the consumer as does soap.

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