Use the Following to Answer Question

question 155

Multiple Choice

Use the following to answer question:
-(Table: Consumer Equilibrium) Use Table: Consumer Equilibrium.Assume that the price of good X is $2 per unit,that the price of good Y is $1 per unit,and that you have $10 to spend on both goods.To maximize utility,you would consume _____ units of X and _____ units of Y.

• A)3;4
• B)2;3
• C)2;6
• D)5;0

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Definitions:

Opportunity Cost Of Capital

The potential return that is forfeited when one investment is chosen over another.

Return On Assets

A measure of a corporation's profitability, indicating how efficient it is in using its assets to produce profit.

Capital Base

The amount of capital that a company or financial institution has available for conducting its operations, typically consisting of equity and debt.

Quality Of Earnings

An assessment of how accurately a company's reported income reflects its true earning capacity, and if it's indicative of its future financial performance.