Exhibit 6-4 Total Utility for Multiplex Tickets, Video Rentals, and Popcorn

question 51

Multiple Choice

Exhibit 6-4 Total utility for multiplex tickets, video rentals, and popcorn

In Exhibit 6-4, assume the Multiplex tickets cost $6 each, video rentals cost $2 each, and bags of popcorn cost $1 each. Suppose the consumer has $12 per week to spend on multiplex tickets, video rentals, and popcorn. What combination of goods will give the consumer the most utility?

• A) 1 movie, 3 videos, and no popcorn.
• B) 1 movie, 2 videos, and 2 bags of popcorn.
• C) 1 movie, 1 video, and 4 bags of popcorn.
• D) 2 movies, no videos, and no bags of popcorn.

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Definitions:

Coercive Leadership

A leadership style characterized by the use of force or threats to make followers comply with orders or directives.

Transformational Leadership

A leadership approach that encourages and stimulates followers to surpass their personal interests for the benefit of the group or organization.

Transactional Leadership

A style of leadership that focuses on supervision, organization, and performance; leaders promote compliance through rewards and punishments.

Charismatic Leadership

A leadership style characterized by an individual's ability to inspire and motivate followers through their personal charm and persuasion.