MsQuasimodo Has the Utility Function U(x, M)= 100x -

question 25

Multiple Choice

Ms.Quasimodo has the utility function U(x, m) = 100x - x²/2 + m, where x is her consumption of earplugs and m is money left over to spend on other stuff.If she has $10,000 to spend on earplugs and other stuff and if the price of earplugs rises from $50 to $85, then her net consumer's surplus

• A)falls by 1,137.50.
• B)falls by 3,137.50.
• C)falls by 525.
• D)increases by 568.75.
• E)increases by 2,275.

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Definitions:

Progressive Discipline

A process of dealing with job-related behavior that does not meet expected and communicated performance standards through a series of increasingly serious steps.

Positive Discipline

An approach to discipline that focuses on encouraging good behavior through positive means rather than punishing negative behavior, often used in both educational and workplace settings.

Problem-Solving Approach

A methodical process to identify, analyze, and resolve issues, often involving multiple steps or stages.

Management Representatives

Individuals within an organization who are authorized to act on behalf of the management, often in negotiations or organizational decision processes.