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Two Statements Are Given

question 6

Multiple Choice

Two statements are given. Identify the statement for which a ratio of the measurements is meaningful. State "Neither" or "Both" if appropriate.
-1 - At The Gap, Buffy has a credit card balance of $556, and Rosa has a credit line of $111.
2 - Juan saved $435 last month, and Ian saved $321 last month.


Definitions:

BMWs

Refers to vehicles manufactured by Bayerische Motoren Werke AG, a German multinational company known for producing luxury vehicles and motorcycles.

Utility Function

A mathematical representation of a consumer's preference ranking for bundles of goods, showing the level of satisfaction derived from each bundle.

Cow Feed

A type of animal feed specifically formulated to meet the nutritional needs of cows.

Consumption

The act of using up goods and services to meet personal or collective needs or desires, typically measured within an economy over a period.

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