Refer to the Data for a Consumer Whose Income =

question 80

Multiple Choice

Refer to the data for a consumer whose income = $8. Suppose the price of new product Z is $2 rather than $1. This consumer would purchase

• A)none of Z.
• B)some of Z but less than at a price of $1.
• C)less of X, Y, and Z than if the price were $1.
• D)more of X, Y, and Z than if the price were $1.

---

Definitions:

Disbursements

Payments made by a business, often involving cash outflows for operating expenses, acquisitions, or investments.

Ending Cash Balance

The amount of cash a company has at the end of a given period, reflecting all cash inflows and outflows during that period.

Cash Disbursements

Outflows of cash for various purposes, including operating expenses, asset purchases, and other business activities.

Cash Disbursements

Money that is paid out by a company, often including expenses, dividend payments, and other cash outflows.