User Account

All Pages

Draw a few of her indifference curves

Assignment Help Business Management
Reference no: EM131995711

Suppose it is possible to buy left shoes for a price of $35/shoe and right shoes for a price of $50/shoe. Alex has an annual budget of $850 for buying shoes, and she has, like most people two feet.

Draw Alex's budget line between left shoes (on the horizontal axis) and right shoes (on the vertical axis). Draw a few of her indifference curves, and show her optimal choice. How many left shoes and how many right shoes does she buy?

Reference no: EM131995711

Questions Cloud

Standard to the current fiat money system : Also, discuss as we moved from barter to the gold standard to the current fiat money system, how does the impact of inflation also change with time?
Price level affects the real value of money : How to explain how an increase in the price level affects the real value of money.
What are the risks of concealing mistakes and errors : What are the risks of revealing mistakes in an open culture, as a way of being transparent with patients and families? What are the risks of concealing mistakes
What should be the share price of nymex : The risk-free rate of return is 5% and the required rate of return on the market is 11%. What should be the share price of Nymex?
Draw a few of her indifference curves : Draw a few of her indifference curves, and show her optimal choice. How many left shoes and how many right shoes does she buy?
Key characteristics of optimal consumer allocation : The following are key characteristics of the Optimal Consumer's Allocation, as presented in class, EXCEPT:
What one major organizational subsystem needs to be changed : Research an organization, with which you are familiar, that is in need of a change and present how you will manage the change process.
What are the competing training interests of employers : What are the competing training interests of employers and workers? How and to what degree do active labour market policies benefit workers
What is the maximum price that you would pay for share : What is the maximum price that you would pay for a share today if you wanted to earn a 12% return?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd