The Table Shown Describes the Different Combinations of Goods That

question 32

Multiple Choice

The table shown describes the different combinations of goods that Brianna can consume, given that she has $80 to spend on these two items.

Brianna's utility-maximizing bundle of goods is _____ concert tickets and _____ movie tickets.

• A)3; 2
• B)2; 4
• C)1; 6
• D)0; 8

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Definitions:

Directly Proportional

A relationship between two variables where their ratio is constant.

Stopping Distance

The total distance a vehicle travels from the point when the driver first perceives a need to stop, to when the vehicle comes to a complete halt.

Inversely Proportional

A relationship between two variables where their product is constant. When one variable increases, the other decreases proportionally.

Daily Demand

The total quantity of a good or service that consumers want to purchase over the course of a single day.