A Graph of the Utility Function U = 4Y

question 28

Multiple Choice

A graph of the utility function U = 4Y + X would reveal that goods X and Y are:

• A) perfect substitutes.
• B) near substitutes.
• C) perfect complements.
• D) near complements.

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Definitions:

Hygiene Factors

Factors related to job conditions that do not necessarily motivate employees if present, but can cause dissatisfaction if absent, such as company policies, administrative practices, or salary.

Working Conditions

The physical and psychological environment in which employees perform their job duties, including safety, hours, amenities, and atmosphere.

Relationships With Colleagues

The interpersonal connections and interactions between employees within a workplace.

Weighted Average Cost Of Capital

The average rate of return a company is expected to pay its security holders, weighted by the proportion of each finance source in the company's structure.