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

  Identify which conflict resolution techniques

Identify which conflict resolution techniques you would use and describe how changes in your organization's life cycle would influence the new culture.

  Motivation and work learningshow the purposes of conducting

motivation and work learningshow the purposes of conducting performance appraisals. what are the benefits of 360-degree

  How did disruptive innovations in industry affect company

How did disruptive innovations in the industry affect this company? Did it adjust; and if so, how? Discuss possible sources of innovation for your chosen company. Use common knowledge, industry and library resources in answering this question.

  What is a business plan

1. What is a business plan? 2. Is there such a thing as a standard business plan? 3. So I simply need to produce one business plan?

  Illustrate what is the project cost of equity

Illustrate what is the project’s cost of equity? Illustrate what is the appropriate discount factor to use for evaluating the refrigerator project?

  Rise in accountants in the job marketin the near future

rise in accountants in the job marketin the near future there should be a rise for accountants in the job market

  Briefly summarize the main points of the article

Briefly summarize the main points of the article. Do not feel compelled to repeat all important themes in the text. Simply focus on the main ideas of the article. Since the article will be attached, do not write a long summary

  Advantage of using digital cameras to capture movie scenes

Which of the following is not an advantage of using digital cameras to capture movie scenes? The cinematographers get immediate feedback when they shoot a scene.

  Establish and maintain a whs management system

Establish and maintain WHSmanagement systems - Demonstrate the skills and knowledge required to establish and maintain a WHS management system.

  Compare benefits of outsourcing for each business function

Compare the benefits of outsourcing for each business function. Compare the risks of outsourcing for each business function. Do you believe the decision to outsource is easier for some of these functions than for others?

  Explaining leaders build excellence not command

Share your thoughts about the quote: "Leaders do not command excellence, they build excellence." Do you agree with this statement?

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