Multiple Choice
When the federal government started requiring restaurants to print calorie counts next to menu items,
A) restaurants changed their prices, systematically lowering prices for healthier items and raising prices for high-calorie entrees.
B) there was no meaningful change in consumption behavior, indicating that marginal utility is driven solely by tastes for the food items and not by health information.
C) consumption of higher calorie items decreased, suggesting consumers' marginal utility for these items dropped.
D) consumption of higher-calorie items increased, contrary to the law's objective.
Correct Answer:

Verified
Correct Answer:
Verified
Q328: Utility refers to the<br>A)satisfaction that a consumer
Q329: A child is given $4 of pocket
Q330: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" In the diagram,
Q331: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" Refer to the
Q332: The income effect explains an exception to
Q334: A consumer is making purchases of products
Q335: In deciding what to buy, the consumer
Q336: The ability of a good or service
Q337: The utility from a specific product is<br>A)determined
Q338: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" Suppose an individual's