If You Could Exactly Afford Either 2 Units of X

question 3

Multiple Choice

if you could exactly afford either 2 units of x and 7 units of y, or 4 units of x and 3 units of y, then if you spent all of your income on y, how many units of y could you buy?

• A)11
• B)7
• C)15
• D)6
• E)None of the above.

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Definitions:

Enterprise Unions

Labor unions that represent workers within a single company or enterprise, as opposed to industrial or craft unions which organize across an industry.

Exclusive Representation

A labor relations principle where a duly elected union is the sole body that can negotiate on behalf of all employees in a bargaining unit, regardless of their union membership.

Voluntarism

The principle of relying on voluntary action and organizations to address issues and needs in society, rather than on governmental intervention.

International Trade

The exchange of goods, services, and capital across international borders or territories, influenced by trade agreements and regulations.