Marginal utility of a tree

Assignment Help Business Management
Reference no: EM131083068

Hani has two goods available to purchase, bushes (B) and trees (T). He has perfect substitute preferences, and is always willing to trade 3 bushes for 1 tree. If his marginal utility of a bush is 15, what is his marginal utility of a tree?

Reference no: EM131083068

Questions Cloud

The founders based this new system of government : Flag this Question2 2pts.The Founders based this new system of government off of ___________ notions that government governs best when the governed consent.
Total-revenue test for price elasticity : Use the demand schedule that follows to answer questions 1, 2, and 3. 1. Calculate total revenue and marginal revenue at each quantity. 2. Use Chapter 4's total-revenue test for price elasticity to determine at which price levels the demand is elas..
Discuss how and why temperature might or might not influence : An adsorption chromatographic separation of a mixture of closely related isomers.
How would the results change if peak 2 were twice as broad : How would the results change if peak 2 were twice as broad as peak I?
Marginal utility of a tree : Hani has two goods available to purchase, bushes (B) and trees (T). He has perfect substitute preferences, and is always willing to trade 3 bushes for 1 tree. If his marginal utility of a bush is 15, what is his marginal utility of a tree?
Evaluate alternative monetary policies : Describe the Fed's objective function and how it can be used with an economic model to evaluate alternative monetary policies.
Internal rate of return to investment : What is the internal rate of return to this investment? Would this be a good investment for someone with a discount rate of 6%? What is the highest discount rate a person could have and still find this investment attractive?
Integrity of electronically : Why does every inspector need to know about contract methods and contract law? What processes can be used to maintain the integrity of electronically stored construction reports?
What elution mechanisms were considered by the authors : What elution mechanisms were considered by the authors?

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!

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