Use the Table Below to Answer the Following Question

question 23

Multiple Choice

Use the table below to answer the following question.
Table 8.2.5

-Refer to Table 8.2.5.Cindy enjoys golf and tennis.The table shows the marginal utility she gets from each activity. Cindy has $70 a month to spend,and she can spend as much time as she likes on her leisure pursuits.The price of an hour of golf is $10,and the price of an hour of tennis is $5.
Cindy decides to golf for 5 hours a month and play tennis for 4 hours a month.
If Cindy spends a dollar more on golf and a dollar less on tennis,her total utility ________.
If Cindy spends a dollar less on golf and a dollar more on tennis,her total utility ________.

• A)decreases;decreases
• B)increases;decreases
• C)decreases;increases
• D)increases;increases
• E)does not change;does not change

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Definitions:

Functional Strategy

A specific, detailed plan tailored to a department or unit within an organization, aimed at achieving the broader corporate strategies and goals.

Specific Area of Operations

Refers to a designated segment within an organization focused on a particular set of tasks, goals, or objectives, often with its specified strategies and responsibilities.

Strategic Business Unit

A semi-autonomous division within a larger organization, responsible for its own strategy, resources, and performance, focusing on specific market segments.

Larger Enterprise

A business organization that operates on a vast scale, typically encompassing multiple locations, a large workforce, and a wide range of products or services.