Assume That Michaela's Marginal Utility from Pizza Consumption Is 10

question 68

Multiple Choice

Assume that Michaela's marginal utility from pizza consumption is 10 utils and the price is $2.00 per slice.Further,assume that her marginal utility from scone consumption is 20 utils and the price is $3.00 per scone.Which of the following is true?

• A) With her existing budget she should increase her consumption of pizza.
• B) With her existing budget she should increase her consumption of scones.
• C) She is currently maximizing her utility and should not change the amount of consumption for either good with her current budget.
• D) If her budget increases, she should increase her consumption of pizza but not scones.
• E) If her budget increases, she should increase her consumption of scones but not pizza.

Discover the components of successful sales messages using the AIDA strategy.

Acknowledge the effectiveness of various appeal strategies in business communication.

Understand the key elements of effective claim messages.

Recognize the value of learning to write sales and persuasive messages for professional communication and consumer awareness.

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Definitions:

Charlotte

A city in North Carolina, known for its financial institutions and vibrant cultural scene.

Random Samples

A selection method where every member of the population has an equal chance of being included, essential for unbiased statistical analysis.

University

A higher learning and research establishment that confers academic qualifications across a range of disciplines.

Random Samples

A selection of individuals from a larger population, made in such a way that each individual has an equal chance of being chosen.