Reorganising the Letters "OSHUE" to Form an English Word Is

question 30

Multiple Choice

Reorganising the letters "OSHUE" to form an English word is an example of an anagram, which constitutes a problem of

• A) inducing structure.
• B) lexical analysis.
• C) transformation.
• D) arrangement.

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Definitions:

Utility Function

A mathematical representation of how consumers rank different bundles of goods according to the level of satisfaction or utility those bundles provide.

Interest Rate

The cost of borrowing money, typically expressed as a percentage of the amount loaned.

Income

The financial gain (earned or unearned) accruing over a given period of time.

Utility Functions

Mathematical expressions used in economics to represent a consumer's preference ranking for various bundles of goods.