The Following Table Shows Pierre's Utility for Bagels and Cider

question 43

Multiple Choice

The following table shows Pierre's utility for bagels and cider.

-Refer to the above information to answer this question.If Pierre has a budget of $12,the price of bagels is $1 and cider is $2,what will be his optimal purchase?

• A)2 bagel and 5 ciders.
• B)4 bagel and 4 ciders.
• C)6 bagels and 3 ciders.
• D)8 bagels and 2 ciders.
• E)10 bagels and 1 ciders.

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Definitions:

Percentile

A point on a ranking scale of 0 to 100. The 50th percentile is the midpoint; half of the people in the population being studied rank higher and half rank lower.

Language Acquisition Device

A hypothetical module of the human mind posited to account for children's innate ability to acquire language rapidly as proposed by linguist Noam Chomsky.

Chomsky

Refers to Noam Chomsky, an influential linguist and cognitive scientist known for his theories on language acquisition.

Grammar

A group of established principles that control the formation of words, phrases, and clauses in a particular natural language.