The Table Below Shows the Quantities of Toffee Bars and Bags

question 82

Multiple Choice

The table below shows the quantities of toffee bars and bags of cashews that a consumer could consume over a 1-week period.
Toffee (bars) Cashews (bags)
TABLE 6-1
-Refer to Table 6-1.If the prices of toffee bars and bags of cashews are both $1 and this consumer has $7 per week to spend on these two snacks,how many of each will he/she purchase to maximize utility?

• A)2 toffee bars and 5 bags of cashews
• B)3 toffee bars and 4 bags of cashews
• C)4 toffee bars and 3 bags of cashews
• D)5 toffee bars and 2 bags of cashews
• E)6 toffee bars and 1 bag of cashews

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Definitions:

Cheek

The fleshy part of the face below the eye and between the nose and ear, used for expressing emotions and tasting food.

Product Departmentation

An organizational structure method where a business is divided into smaller groups based on its products or product lines.

Functional Departmentation

The process of grouping organizational activities into separate units or departments based on functions such as marketing, finance, and human resources.

Professional Development

Ongoing learning and training activities that individuals engage in to enhance their skills, knowledge, and competencies for career advancement.