Examlex

Solved

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
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
-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 ________.

Evaluate theories related to gender and economic inequality, especially concerning socialist feminism.
Understand the perspectives of sexual difference theories and cultural feminism on gender roles and traits.
Analyze the development of feminism across different waves and its influence on the sociological discipline.
Understand the basic concepts and principles of rational choice theory.

Definitions:

Vertical Analysis

A method of financial statement analysis in which each line item is listed as a percentage of another item, typically used to express items as a percentage of total sales or total assets.

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities, and equities) is represented as a proportion of the total account.

Total Liabilities

The combined amount of debts and obligations that a company owes to others, reported on its balance sheet.

Total Assets

The sum of all current and non-current assets owned by a company, reflecting the company’s total resources that can be used to generate revenue.

Related Questions