Write the Correct Pronoun in the Blank

question 202

Short Answer

Write the correct pronoun in the blank. Floridians are staying informed about the hurricane, for they might be in (its, it's) path.

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Definitions:

Utility Function

A mathematical representation of how a consumer's preferences over bundles of goods relate to their satisfaction or utility.

Consumption

The use of goods and services by households or individuals, which is a primary component of economic activity.

Income

The cash flow generated out of work or investments, typically on a steady basis.

Utility Function

A mathematical representation of a consumer's preference ranking over bundles of goods, showing the level of satisfaction or utility derived.