Multiple Choice
Which of the following statements does not invoke interpersonal utility comparisons?
A) The total utility a millionaire derives from $100 is less than the total utility a poor person derives from $100.
B) The marginal utility a millionaire derives from the one-millionth dollar is less than the marginal utility a poor person derives from the one-hundredth dollar.
C) For both the millionaire and the pauper, the marginal utility they derive from the one-thousandth dollar is less than the marginal utility they derive from the five-hundredth dollar.
D) The total utility a millionaire derives from $10,000 is more than the total utility a poor person derives from $10,000.
Correct Answer:

Verified
Correct Answer:
Verified
Q31: The point where the slope of the
Q58: Exhibit 20-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9059/.jpg" alt="Exhibit 20-3
Q61: According to information provided in the textbook,
Q62: For economists, framing refers to the<br>A)manner in
Q64: Diamonds are more expensive than water because<br>A)markets
Q67: Exhibit 20-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9059/.jpg" alt="Exhibit 20-4
Q68: Brain researchers think that the best reason
Q115: A good can have high total utility
Q149: If the marginal utility of X is
Q178: Don receives 100 utils from consuming two