If You Allocate Your Time Between Attending Classes and Practicing

question 319

Multiple Choice

If you allocate your time between attending classes and practicing for an upcoming game, you will maximize your total utility by choosing a bundle in which the

• A) marginal utility from each activity is maximized.
• B) total utility per hour from each activity is equal.
• C) total utility from each activity is equal.
• D) marginal utility per hour from each activity is equal.

---

Definitions:

DOL-EPS Analysis

A methodology to assess the Degree of Operating Leverage and its impact on a company's Earnings Per Share under different sales volume scenarios.

Business Performance

A measure of how effectively a company uses its resources to achieve its objectives and fulfill stakeholder expectations.

Interest Coverage Ratio

A financial metric that measures a company's ability to pay interest on its outstanding debt.

ROE

Return on Equity; a measure of a corporation's profitability that reveals how much profit a company generates with the money shareholders have invested.