Your friend Dimitre tells you that he thinks that his favorite basketball team has a 70% chance of winning the next game. This is an example of a(n)

For foreign direct investment to occur, the purchase has to be more than

A) 8 percent but less than 10 percent of shares in a business located abroad. B) 5 percent but less than 10 percent of shares in a business located abroad. C) 10 percent of shares in a business located abroad. D) 2 percent but less than 5 percent of shares in a business located abroad.

Figure 5-18

In Figure 5-18, point D for the consumer

a.
will be chosen because total utility is larger there than at point C.

b.
would not be chosen because it is less desirable than point C.

c.
is unattainable, given the consumer's budget.

d.
has total utility equal to point C.