How many units of cocoa will casper consume

Reference no: EM13208015

Casper's utility function is 3x + y, where x is his consumption of cocoa and y is his consumption of cheese. If the total cost of x units of cocoa is x^2, the price of cheese is $8, and Casper's income is $174, how many units of cocoa will he consume?

Reference no: EM13208015

Questions Cloud

What other factors about a house affect its price : Using data from 1988 for houses sold in Andover, Massachusetts, from Kiel and McClain (1995), the following equation relates housing price (price) to the distance from a recently built garbage incinerator (dist): fitted log(price) = 9.40 + 0.312 l..

Identify any instances of pseudoreasoning : "Identify any instances of pseudoreasoning in the following passage either by naming them or where they seem to conform to any of the patterns described in the text, by giving a brief explanation of why the pseudoreasons are irrelevant to the point a..

A standard for calibratie constant-volume bomb calorimeter : The enthalpy of combustion of benzoic acid (C6H5COOH) which is often used as the standard for calibratie constant-volume bomb calorimeter; its value has been accurately determined to be 3226.7 kJ/mol.

What are ngos-funding sources-public health emergencies : For the Unit 4 assignment you will create a powerpoint presentation of non-governmental organizations and their role in public health emergencies.

How many units of cocoa will casper consume : Casper's utility function is 3x + y, where x is his consumption of cocoa and y is his consumption of cheese. If the total cost of x units of cocoa is x^2, the price of cheese is $8, and Casper's income is $174, how many units of cocoa will he cons..

Exchange rates play in attracting foreign investments : What role do exchange rates play in attracting foreign investments and what currency policies do you recommend a policymaker implement in order to remain an attractive destination for foreign investments?

Explain the ph at the equivalence point for the titration : What is the pH at the equivalence point for the titration of 0.20 M HCl with 0.20 M NH3?

How much of each good will max demand : a. How much of each good will he demand b. A tax is placed on x so that x now costs Max $2 while his income and the price of y stay the same. How much of good x does he now demand. Would Max be as well off as he was before the tax.

Compute the numerical value : Generate the equilibrium constant expressions for the following reaction. Calculate the numerical value for

User Account

All Pages