Zachary Is Going to Major in Business

question 2

Multiple Choice

Zachary is going to major in business. However, he has never had much interest in subjects with numbers. He would like to avoid taking any finance courses if possible. What should Zachary do?

• A) Avoid finance courses and focus on subjects that he enjoys.
• B) Take a finance course to satisfy graduation requirements.
• C) Realize that his success in business requires an understanding of financial issues.
• D) Change majors and go into the arts.

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Definitions:

Consuming

The act of using goods and services to satisfy needs or wants.

Maximizing Utility

The process of choosing the most satisfying option among available choices based on preferences and constraints.

Marginal Utility

The augmented utility or contentment a person obtains by consuming an extra unit of a good or service.

Smoothie

A thick, smooth drink made from blended raw fruit, vegetables, and sometimes dairy products, typically served cold.