Adrian's Total Utilities of Two Consumption Bundles Are 50 and 100

question 67

Multiple Choice

Adrian's total utilities of two consumption bundles are 50 and 100. This implies that

• A)Adrian prefers the first bundle.
• B)Adrian prefers the second bundle.
• C)Adrian likes the second bundle twice as much.
• D)Adrian likes the first bundle twice as much.

---

Definitions:

Seasonal Adjustments

The process of altering data to eliminate the influence of seasonal patterns, making trends outside of these patterns more noticeable.

Marketing Mix

The blend of tactical marketing tools, such as product, price, place, and promotion, that a company uses to pursue its marketing objectives in the target market.

Target Markets

A group of people who have a common want or need that your business can satisfy, who are able to purchase your product, and who are more likely to buy from your business.

Sales Forecast

An estimation of the revenue that a company expects to receive from the sale of goods or services in a future period.