-Refer to Table 5

question 49

Multiple Choice

-Refer to Table 5.15 to answer this question.Suppose that the price of both apples and bananas is $1 each and this consumer has $8 to spend.In order to maximize her total utility,how many of each should she purchase?

• A)3 apples and 5 bananas.
• B)4 apples and 4 bananas.
• C)5 apples and 3 bananas.
• D)8 apples.
• E)8 bananas.

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Definitions:

Forces

Influences or drivers that cause change or affect the performance and behavior of individuals or organizations.

Direction

Guidance or supervision provided to perform tasks or to achieve goals and objectives.

Persistence

The quality of continuing steadfastly or firmly in some state, purpose, course of action, or the pursuit of an objective, despite obstacles.

Maslow's

Refers to Maslow's hierarchy of needs, a psychological theory proposing a hierarchy of human needs in the form of a pyramid, from physical survival to self-actualization.