Use the Table Below to Answer the Following Questions

question 28

Multiple Choice

Use the table below to answer the following questions.
Windsurfing equipment rents for $10 per hour and snorkeling equipment rents for $5 per hour.
Table 8.2.1

-Consider Devon's utility from snorkeling and windsurfing in Table 8.2.1. Devon has $55 to spend. What are Devon's choices for time spent on the two activities?

• A)1 hour of windsurfing and 9 hours of snorkeling
• B)2 hours of windsurfing and 7 hours of snorkeling
• C)3 hours of windsurfing and 5 hours of snorkeling
• D)4 hours of windsurfing and 3 hours of snorkeling
• E)5 hours of windsurfing and 1 hour of snorkeling

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Definitions:

Fungible Goods

Items that are interchangeable and indistinguishable from one another in terms of quality and characteristics, making them easily replaceable.

Bona Fide Purchaser

A person who purchases property in good faith without notice of any prior claims, liens, or encumbrances.

Buyer in the Ordinary Course of Business

A purchaser who buys goods in good faith, without notice that the sale violates the rights of another party, in the usual and regular course of the seller’s business.

Bailee

An individual or entity that has been given temporary custody but not ownership of someone else's property.