-Assume That Catherine Has the Preferences Shown in the Above

question 113

Multiple Choice

-Assume that Catherine has the preferences shown in the above table. Also assume that the price of a can of Pepsi is $3.00 and that the price of a slice of pizza is $2.00. If she has $16 available to spend, what combination of Pepsi and pizza will be her consumer optimum?

• A) 1 can of Pepsi, 4 slices of pizza
• B) 2 cans of Pepsi, 5 slices of pizza
• C) 4 cans of Pepsi, 2 slices of pizza
• D) 6 cans of Pepsi, 0 slices of pizza

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Definitions:

Disordered Behaviors

Actions or patterns of actions that are abnormal, dysfunctional, or symptomatic of a mental disorder.

Self-Fulfilling Prophecies

Expectations about a situation or individual that lead to behaviors which cause those expectations to come true.

Enrichment

The process of improving the quality or value of something, often related to job roles by adding more meaningful tasks and duties.

Incumbents

Individuals currently holding a specified position or office, especially political positions, who often have a competitive advantage in elections due to their existing role.