In the Economy of Mungo, There Is a Third Person

question 35

Multiple Choice

In the economy of Mungo, there is a third person called Ike.Ike has a red income of 82 and a blue income of 25.Recall that blue prices are 1 bcu (blue currency unit) per unit of ambrosia and 1 bcu per unit of bubble gum.Red prices are 2 rcus (red currency units) per unit of ambrosia and 6 rcus per unit of bubble gum.You have to pay twice for what you buy, once in red currency, once in blue currency.If Ike spends all of his blue income but not all of his red income he must consume

• A)at least 8 units of bubble gum.
• B)at least 17 units of ambrosia.
• C)exactly twice as much bubble gum as ambrosia.
• D)at least 13 units of bubble gum.
• E)equal amounts of ambrosia and bubble gum.

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Definitions:

Maintenance Procedures

Guidelines and tasks designed to keep equipment or systems operating efficiently and prevent breakdowns.

Production Equipment

Machinery and tools that are used in the manufacturing process to create products or handle materials.

Contingencies Of Power

are external or internal factors that can affect the amount of power an individual or entity possesses or exercises.

Commitment

The state or quality of being dedicated to a cause, activity, or goal.