A Consumer Maximizes His Utility by Purchasing 2 Units of Good

question 99

Multiple Choice

A consumer maximizes his utility by purchasing 2 units of good X at $5 per unit and 3 units of good Y at $7 per unit.What is the ratio of the marginal utility from X to the marginal utility from Y?

• A)5/7
• B)7/5
• C)2/3
• D)3/2
• E)10/21

Identify the most abundant types of antibodies and their roles in the immune system.

Differentiate between various types of T lymphocytes and their functions.

Recognize different types of malignant tumors and their origins.

Analyze the global impact of AIDS and identify regions with high prevalence.

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Definitions:

ASU 2016-14

Accounting Standards Update 2016-14, which addresses the presentation of financial statements for not-for-profit entities, enhancing transparency and uniformity.

Cash Donations

Monetary contributions given to organizations, individuals, or entities without expectation of return, often for charitable purposes.

Cash Donation

A monetary contribution made to support a cause, organization, or individual, typically without expecting anything in return.

Fair Value

A financial metric that represents the price at which an asset would be bought or sold in an orderly transaction between market participants at the measurement date.