In Table 5, We Illustrate the Distribution of Attributes in a Hypothetical

question 27

True/False

In Table 5, we illustrate the distribution of attributes in a hypothetical community in the New York City Borough of Queens that is divided along language and race lines. Use this table to answer the following three questions.
$$\begin{array}{l}\text { Table 5: Distribution of Attributes in a Hypothetical Queens Neighborhood }\\\\\begin{array} { |l | l l l |} \hline & \text { White (\%) } & \text { South Asian (\%) } & \text { Latino (\%) } \\\hline \text { English speaking } & 18 & 14 & 14 \\\text { Spanish speaking } & 7 & 2 & 13 \\\text { Hindi speaking } & 0 & 7 & 0 \\\text { Polish speaking } & 25 & 0 & 0 \\\hline\end{array}\end{array}$$
-If you know that someone is a Hindi-speaker, can you predict with much certainty what racial group he or she belongs to?

---

Definitions:

Utility Maximizing

The economic principle where consumers allocate their resources to maximize their overall satisfaction or utility.

Consumption Mix

Refers to the combination of goods and services consumed by an individual or within an economy.

Theory of Consumer Behavior

An economic framework describing how individuals make decisions to allocate their resources on consumption items, based on their preferences, income, and the prices of goods and services.

Diminishing Marginal Utility

The principle that as a consumer increases consumption of a good or service, the incremental satisfaction gained from consuming each additional unit decreases.