Which of the Following Statements Is FALSE

Multiple Choice

Which of the following statements is FALSE?

A) Utility is the difference between the consumer's assets and her liabilities.
B) One person's utility cannot be compared to another person's utility.
C) A utility function gives the relationship between a consumer's well-being and the quantities of goods consumed.
D) Inputs into a utility function may include wool socks, DVD rentals, roller coaster rides, asparagus, and Sunday church services.