Suppose That $M U _ { x } = 10$ And $M U _ { y } = 20$

question 14

Multiple Choice

Suppose that $M U _ { x } = 10$ and $M U _ { y } = 20$ . Further suppose that the consumer's budget constraint can be expressed as $20 x + 10 y = 400$ . For this consumer, the optimal amount of good $x$ to buy would be:

• A) 5 .
• B) 0 .
• C) \(20 .\)
• D) 40 .

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Definitions:

Interpersonal Influence

The ability of an individual to affect or change others' opinions, behaviors, or attitudes through social interaction.

Political Skill

The ability to understand and influence others in a way that promotes personal or organizational objectives, often involving diplomacy, networking, and social acuity.

Individualistic Skill

Abilities or competencies that highlight one’s personal strengths and capabilities, often emphasizing independence and self-reliance in achieving tasks.

Competitive Skill

The ability or proficiency that gives an individual or organization an advantage in a competitive environment.