Jane's Utility Function Is Represented As: U = F⁰

question 121

Multiple Choice

Jane's utility function is represented as: U = F⁰.⁵ C⁰.⁵,F is quantity of food and C is quantity of clothing.If her budget constraint is represented as: 120 = 2F + C,her optimal bundle of consumption should be

• A) (40F, 40C).
• B) (20F, 60C).
• C) (50F, 50C).
• D) (45F, 20C).

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Definitions:

Self-disclosure

The act of revealing personal information about oneself to others, which can play a crucial role in building trust and closeness in relationships.

Trustworthiness

The quality of being reliable, honest, and deserving of trust.

Total Disclosure

The act of fully revealing all relevant information or facts to stakeholders, often in the context of transparency and honesty in business or personal relationships.

Effective Listening

The act of fully hearing, understanding, and responding to messages communicated by others.