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The following table shows the utility (measured in dollars) which Lisa derives from water (in 50 litre drums) and diamonds (uncut 1 carat stones) .
-Refer to the above information to answer this question. If the price of both water and diamonds is $100 per unit, and Lisa has $500 to spend, how many units of each would she purchase?
Type A Personality
A personality trait characterized by high levels of competitiveness, self-imposed stress, and a constant sense of urgency.
Competitive
Characterized by or involving competition between entities such as individuals or businesses.
Hot-Tempered
A temperament characterized by quickness to anger or impatience.
Cortisol
A steroid hormone released by the adrenal glands in response to stress or low blood glucose; plays a key part in the body's stress response.
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