-The Optimal Level of Activity Is:
A) 2
B) 3

question 97

Multiple Choice

$\begin{array}{cccccc}\text { Level of } & \text { Total } & \text { Total } & \text { Marginal } & \text { Marginal } & \text { Net } \\\text { Activit } & \text { Beneft } & \text { Cost } & \text { Benefit } & \text { Cost } & \text { Benefit }\\\hline0&-&0&xx&xx&0\\1&100&50&-&-&-\\2&-&-&150&0&100\\3&-&-&-&160&115\\4&605&-&-&179&-\\5&-&674&120&-&-\\6&825&-&-&190&-\end{array}$
-The optimal level of activity is:

Calculate and analyze individual’s budget constraint equations.

Evaluate the economic welfare implications of price changes on utility.

Understand the concept of endowments and the effect of changes in prices on consumption choices.

Analyze the trade-offs between labor income and leisure in determining optimal work hours.

---

Definitions:

Control Coil

An electromagnetic coil used in electrical circuits to magnetically control the operation of devices like relays or contactors.

Magnetic Forces

The attraction or repulsion that arises between electrically charged particles due to their motion, which is the basis for the operation of electrical motors and devices.

Armature

The rotating part of an electrical machine such as a motor or generator, on which the coils are wound and voltage is induced.

Core

The central part of an electromagnetic coil or transformer, made of magnetic material, that intensifies its magnetic field.