The Table Given Below Reports the Total Utility Derived by an Individual

question 46

Multiple Choice

The table given below reports the total utility derived by an individual from the consumption of different units of goods A,B,andC. Table 6.4

-Refer to Table 6.4.If the consumer's income increases from $10 to $20 but the prices of each of the goods doubles,the consumer would maximize utility by purchasing _____.

• A)7 units of good A,7 units of good B,and 7 units of good C
• B)3 units of good A,5 units of good B,and 6 units of good C
• C)2 units of good A,6 units of good B,and 7 units of good C
• D)3 units of good A,6 units of good B,and 4 units of good C
• E)6 units of good A,0 units of good B,and 7 units of good C

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Definitions:

On-time Rates

A measure of the frequency with which an event (such as a flight or train) occurs at its scheduled time.

Scheduled Deliveries

The planned arrangement for the delivery of goods or services at a specific time and location.

On-time Rates

A metric often used in logistics and service industries to measure the percentage of tasks or deliveries completed within the expected time frame.

Scheduled Deliveries

The planned timing and routing of deliveries to ensure efficient and timely arrival of goods.