Your College Campus Is Broken into Five Sections (Main Campus

question 9

Multiple Choice

Your college campus is broken into five sections (Main Campus, North Campus, East Campus, West Campus, and South Campus) . The board of trustees has recently approved the installation of 70 emergency blue lights. The lights will be apportioned based the area of each section (i.e. the larger the section, the more lights) . The table below gives the area, in acres, of each section of campus.
-Based on the scenario above, what is the standard quota for East Campus?

• A) 5.4
• B) 8.9
• C) 12.6
• D) 18.5
• E) None of the above.

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Definitions:

Convex Preferences

A consumer preference pattern indicating a desire for mixed bundles of goods over extreme bundles, illustrating a preference for diversification.

Commodity Bundle

A specific collection of goods or services that is considered as a single unit for analytical purposes in microeconomics.

Convex Preferences

A characteristic of consumers' preferences indicating that they prefer mixes or combinations of goods over extreme amounts of either one, depicted by a convex shape in utility analysis.

Indifferent

Having no particular interest or sympathy; being unconcerned or neutral towards a specific outcome or item.