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question 52

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Use the following to answer questions : Use the following to answer questions :   -(Table: Consumer Equilibrium) Use Table: Consumer Equilibrium.Assume that the price of good X is $1 per unit and the price of good Y is $2 per unit,that you consume four units of good X and two units of good Y,and that you are spending all of your income.To maximize utility,assuming that the goods are divisible,you would consume _____ of X and _____ of Y. A)  less;less B)  more;more C)  less;more D)  more;less
-(Table: Consumer Equilibrium) Use Table: Consumer Equilibrium.Assume that the price of good X is $1 per unit and the price of good Y is $2 per unit,that you consume four units of good X and two units of good Y,and that you are spending all of your income.To maximize utility,assuming that the goods are divisible,you would consume _____ of X and _____ of Y.


Definitions:

Observational Learning

The process of acquiring knowledge, attitudes, or behaviors by watching and imitating the actions of others.

Motivated

Being motivated refers to having a drive or desire to act or accomplish something, often stemming from personal goals, needs, or incentives.

Observational Learning

Acquiring knowledge by watching others' actions and the results of those actions.

Reinforced

Strengthened or encouraged to occur again in the future, typically through a reward or positive outcome following a specific behavior.

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