Suppose That 2 Units of X and 8 Units of Y

question 92

Multiple Choice

Suppose that 2 units of X and 8 units of Y give a consumer the same satisfaction as 4 units of X and 2 units of Y.Then

• A)the consumer is willing to give up 3 units of Y to obtain 1 more unit of X.
• B)the consumer is willing to give up 1 unit of Y to obtain 3 more units of X.
• C)the marginal rate of substitution of Y for X is 3.
• D)both a and c
• E)both b and c

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Definitions:

Sales Team

A group of individuals working together with the aim to sell products or services, targeting achieving sales goals.

Person-Focused

Emphasizing the importance of individual traits, skills, and interests in various contexts, such as work or therapy.

Task-Focused

Concentrating on the completion of assignments or tasks rather than on broader outcomes or relationships.

Relationship-Focused

Emphasizes the importance of building and maintaining positive relationships in various contexts, including professional settings.