Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Mary’s utility function is U (b, c) = b + 100c ?c2, where b is the number of tomatoes in her garden and c is the number of onions. She has 500 square feet in her garden to allocate between tomatoes and onions. Tomatoes each take up 1 square foot and onions each take up 4 square feet. She gets both kinds of seeds free.
(a)To maximize her utility, given the size of her garden,
How many tomatoes and onions should Mary plant?
An individual has an income of $1000 per month with which they buy the composite good with a price of $1 and food with a price of $2/unit of food. Assume instead that the government had given the individual $100 in cash. Draw the new budget constrain..
He sold the house in 2006 for $225,0000. Which statements is correct regarding the sale of the house.
One way to eliminating the tax on capital gains is to index gains for inflation. According to recent U.S. government statistics, $1 in 1972 had the purchasing power of about $3 in 2012. What would be the effect of adjusting capital gains for inflatio..
You have just deposited $1000 in an investment that promises to pay you $100 per year for the next 20 years (starting at the end of this year). What is the effective annual interest rate earned for this investment, assuming annual compounding? As alw..
What happens to total revenue if the price of sugar rises from $3 to $7 per kilogram.
The equilibrium price of coffee mugs rose sharply last month, but the equilibrium quantity was the same as ever.
Discuss and describe the effect you have on this process when you visit the ATM to get some cash to pay for your late-night pizza.
If David's only illness this year results in an appendectomy, explain how many days will he choose to stay in the hospital.
Identify market structure Identify elasticity of the product Include rationale for the following questions: How will pricing relate to elasticity of your product?
The current exchange rate between the Japanese yen and the U.S. dollar is 120 yen per dollar. At current prices, a basket of goods that costs $100 to produce in the U.S. would cost ¥11,000 to produce in Japan. What is the current real exchange rate b..
In the long run the interest rate adjusts to adjust to balance the supply and demand for loan able funds. In the short run, the interest rate adjusts to balance the supply and demand for money. Discuss.
The only firms that do not have market power are
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd