Anne Has Chosen How Many Bagels and How Many Units

question 112

Multiple Choice

Anne has chosen how many bagels and how many units of cream cheese she would buy this month.She has $20 to spend on these two goods.Suppose that her chosen combination,the marginal benefit per dollar for bagels is $6,and her marginal benefit per dollar for cream cheese is $10.By reallocating one dollar from ________ to ________ she can add ________ to her benefit.

• A) bagels; cream cheese; $4
• B) bagels; cream cheese; $10
• C) cream cheese; bagels; $6
• D) cream cheese; bagels; $10

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Definitions:

Cash Management

The process of collecting, managing, and investing a company's cash flow efficiently.

Principles

Fundamental concepts or beliefs that drive decision-making processes and practices within various disciplines, including ethical values in business or foundational laws in science.

Days' Sales Uncollected

A financial metric indicating the average number of days it takes a company to collect payment after a sale is made.

Accounts Receivable

Amounts owed to a company by customers for goods or services provided on credit, considered an asset on the balance sheet.