Consider maxine, a graduate student, whose consumption choices are focused on three goods: instant ramen, books, and fruits and vegetables. every week she buys 10 cups of instant ramen which cost $2 a cup, 5 pounds of fruits and vegetables at $6 a pound, and 2 books, at a price of $15 each. these purchases use up all the income she has allocated to them. the income elasticity of books is latex: 2\frac{2}{3}2 2 3 and the income elasticity of fruits and vegetables is latex: \frac{2}{3}2 3. what is the income elasticity of instant ramen?

Match the given situations to the type of risks that a business may face while taking credit. 1. beta ltd. had taken a loan from a bank for a period of 15 years, but its sales are gradually showing a decline. 2. alpha ltd. has taken a loan for increasing its production and sales, but it has not conducted any research before making this decision. 3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession. 4. delphi ltd. has taken a short-term loan from the bank, but its supply chain logistics are not in place. a. foreign exchange risk b. operational risk c. term of loan risk d. revenue projections risk