Use the Following to Answer Question

question 122

Multiple Choice

Use the following to answer question:
-(Figure: Consumer Equilibrium IV) Use Figure Consumer Equilibrium IV.Assume that you are consuming the combination of goods at point K.Given the budget constraint FL,utility:

• A)can be increased by consuming more nights in a hotel room and fewer train tickets.
• B)can be increased by consuming fewer nights in a hotel room and more train tickets.
• C)can be increased by consuming more of both goods.
• D)cannot be increased.

---

Definitions:

Vacation Pay Expense

The cost incurred by an employer for the amount of vacation time accrued to employees.

Payroll Register

A detailed document that lists employees' pay rates, hours worked, deductions, and net pay during a pay period.

Total Net Pay

The amount of money an employee receives after all deductions, including taxes and benefits, have been subtracted from their gross pay.

Payroll Checks

Payroll checks are written documents issued by an employer to pay an employee for services rendered.