If You Get 40 Units of Utility from Eating the First

question 67

Multiple Choice

If you get 40 units of utility from eating the first bag of pretzels,30 from the second bag,and 20 from the third bag,the total utility of three bags of pretzels is ________ units of utility.

• A) 40
• B) 70
• C) 90
• D) 50
• E) 20

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Definitions:

Controlling Interest

Controlling interest is a situation in which an investor, entity, or group of entities owns enough shares to dictate the company's policies and direction through voting power.

Ownership Structure

The way in which a company is owned and organized, detailing the distribution of shareholder and stakeholder interests.

Subsidiary

An entity that is controlled by another entity.

Sequential Acquisition

An acquisition in which the ultimate parent acquires its shares in the immediate parent before the immediate parent acquires its shares in the ultimate subsidiary, or both acquisitions occur on the same date.