-The Price of Product X Is $3, the Price of Product

question 153

Multiple Choice

-The price of product X is $3, the price of product Y is $2, and you have $18 to spend. What combination of product X and product Y will give you the most satisfaction?

• A) 5 units of product X; 1 unit of product Y
• B) 4 units of product X and 3 units of product Y
• C) 2 units of product X and 5 units of product Y
• D) 3 units of product X and 5 units of product Y

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Definitions:

Elect

To choose or select someone or something through a voting process or decision-making mechanism.

Identity

The distinguishing character or personality of an individual; or the way a person or thing is recognized or known.

Fraudulent Misrepresentation

A false statement of fact made by a person who knows, or should know, that it is false, and made with the intention of deceiving another.

Authority

The legal power or right given to an individual or body to make decisions, enforce rules, or govern.