Refer to the Graph Shown

question 102

Multiple Choice

Refer to the graph shown. Assuming each carnival game costs $1 and each Ferris wheel ride costs $2, a consumer with $10 to spend will optimally choose to consume at point:

• A)A.
• B)B.
• C)C.
• D)D.

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Definitions:

Business

The practice of making one's living by engaging in commerce, trade, or services.

Written Channels

Forms of communication that involve the use of written language to convey messages, such as emails, letters, reports, and social media posts.

Advantages

The beneficial aspects or superiorities that one option has over another.

Disadvantages

The negative aspects or drawbacks associated with a particular decision, action, or situation.