Use the Table Below to Answer the Following Questions

question 28

Multiple Choice

Use the table below to answer the following questions.
Windsurfing equipment rents for $10 per hour and snorkeling equipment rents for $5 per hour.
Table 8.2.1

-Consider Devon's utility from snorkeling and windsurfing in Table 8.2.1. Devon has $55 to spend. What are Devon's choices for time spent on the two activities?

• A)1 hour of windsurfing and 9 hours of snorkeling
• B)2 hours of windsurfing and 7 hours of snorkeling
• C)3 hours of windsurfing and 5 hours of snorkeling
• D)4 hours of windsurfing and 3 hours of snorkeling
• E)5 hours of windsurfing and 1 hour of snorkeling

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Definitions:

Payee Name

Payee Name is the name of the individual or entity entitled to receive payment on a financial document, such as a check or transfer.

Check Amount

The check amount is the sum of money written on a check that the drawer directs the bank to pay the payee.

Postdated Check

A postdated check is a check written with a future date, indicating when it can be deposited or cashed.

Insufficient Funds

A situation where an account does not have enough money to cover a transaction, resulting in rejection or fees.