Which Statement Is TRUE About Mr

question 356

Multiple Choice

Which statement is TRUE about Mr. McConaughey's marginal utility from spending time with family and friends and breaking a sweat?

• A) The marginal utility Mr. McConaughey gets from the first hour of spending time with his family is less than the marginal utility from the first hour of breaking a sweat.
• B) The marginal utility Mr. McConaughey gets from the third hour of spending time with his family is less than the marginal utility from the fourth hour of breaking a sweat.
• C) The marginal utility Mr. McConaughey gets from the fourth hour of spending time with his family is greater than the marginal utility from the fourth hour of breaking a sweat.
• D) The marginal utility Mr. McConaughey gets from the second hour of spending time with his family is greater than the marginal utility from the first hour of breaking a sweat.

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Definitions:

Duty To Obey

A legal or moral obligation to follow the laws or commands of a given authority.

Credit Worthiness

An assessment of a borrower's ability to repay debts based on their financial history, credit score, and other factors indicating financial stability.

Implied Authority

The power of an agent to perform acts that are reasonably necessary to accomplish the purpose of an organization, even if not explicitly granted.

Express Authority

An agent’s authority that the principal voluntarily and specifically sets forth as oral or written instructions in an agency agreement.