The Following Table Describes Ben's Preferences Over Cake and Ice

question 40

Multiple Choice

The following table describes Ben's preferences over cake and ice cream.The utility from consumption of one good is independent of the consumption of the other.The price of cake is $10 per unit,and the price of ice cream is $4 per unit.
Ben's total utility at his optimal consumption bundle will be:

• A) 56.
• B) 200.
• C) 270.
• D) 310.
• E) none of the above.

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Definitions:

Quality Cost Report

A document that outlines the costs associated with preventing, detecting, and correcting product defects.

Systems Development

The process of creating and maintaining information systems, including hardware, software, and networks.

Prevention Cost

Expenses incurred to prevent defects in products or services, including costs associated with quality control measures and training.

Quality Training

Educational programs or sessions aimed at enhancing the skills and knowledge of employees to maintain or improve product or service quality.