1. The limit on the consumption bundles that a consumer can afford is known as A. an indifference curve. B. the marginal rate of substitution. C. the budget constraint. D. the consumption limit. 2. In terms of microeconomic analysis, what is the function of "utils"? A. a form of budget constraint. B. applies to changes in income. C. a measurement of utility. D. relates to a consumer's original choice. 3. Marginal utility refers to A. the additional satisfaction a consumer derives from consuming an additional unit of a good. B. the total satisfaction a consumer derives from consuming a good. C. the average satisfaction a consumer derives from consuming a good. D. the additional satisfaction a consumer derives from consuming one more unit of a good in relation to the price of that good. 4. In the case in which a consumer buys goods A and B, the relation between utility theory and demand curve for good A is that A. for all points on the demand curve, MUa =MUb. B. for all points on the demand curve, MUa/Pa = MUb/Pb. C. because of diminishing marginal utility, the demand curve slopes upward. D. regardless of diminishing marginal utility, the demand