Multiple Choice
After browsing the shoe store for a while, Bob buys a pair of Nike running shoes. Economists would say that Bob:
A) is revealing a strong distaste for New Balance running shoes.
B) will always choose Nike over any other shoe brand.
C) receives more utility per dollar from Nike running shoes than any other pair in the store.
D) would receive disutility from other pairs of running shoes.
Correct Answer:

Verified
Correct Answer:
Verified
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