User Account

All Pages

Tangent to an indifference curve

Assignment Help Basic Computer Science
Reference no: EM132323923

Explain why a consumer's optimal choice is the point at which her budget constraint is tangent to an indifference curve.

Reference no: EM132323923

Questions Cloud

Compute the net present value of the machine : At the end of 6 years, the machine will also have a salvage value of $15,000. Lily's discount rate is 13%. Compute the NET PRESENT VALUE of the machine.
What are the characteristics of this principle : Demonstrate adherence to this standard of conduct by individual employees and throughout the organization.
Explain difference in operating lease and leases classified : Under ASC 842, a lessee initially measures the right-of-use (ROU) asset and lease liability at the present value of the lease payments made over the lease term.
Write the total differential for u : (a) Calculate ?U/?x and ?U/?y (b) Evaluate these partial derivatives at x = 1, y = 2.
Tangent to an indifference curve : Explain why a consumer's optimal choice is the point at which her budget constraint is tangent to an indifference curve.
Compute cash flows from investing activities : Purchase of used equipment 6,600 Depreciation expense 2,700. Compute cash flows from investing activities using the above company information.
What is intellectual property : What is intellectual property? Why is it a valuable asset for the owner? How are intellectual property rights acknowledged and protected?
Changes in business taxes-personal income : In well composed paragraphs, please describe the effect that changes in business taxes, personal income, and transfer payments have on a country
Information regarding four companies : Identify and briefly discuss the appropriate 'strategy' that each company should adopt for the corresponding products as they contemplate

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Bank account program in java

Enter the code for the two classes "BankAccount.java" and "Program2.java" shown below. The Program2 class is the driver class that uses the BankAccount worker class to implement the application.

  Technologies such as expert systems

What are some of the limitations or dangers you see in the use of Artificial Intelligence (AI) technologies such as expert systems

  What are the final values of m and n

what are the final values of m and n if all parameters of f(x,y,and z) are passed by.

  File sharing program

Explain what your process was and how the experiment went. Were you successful? What did you learn from the experience ?Experiment choice #1:  File Sharing Program Download a current version a file sharing program such as BitTorrent and use it to dow..

  Give a detailed sketch of this algorithm

For simplicity, assume a perfect timeout mechanism that detects a lost packet exactly 1 RTT after it is transmitted.

  Elements of the cyber underground economy

Then, make the case for why one of those five plays the greatest role in maintaining the cyber underground economy.

  Natural level of income in the as-ad model

What is the significance of the vertical long run aggregate supply curve at the natural level of income in the AS-AD model?

  Consumer-focused health informatics

Which consumer technologies will be most influential in consumer-focused health informatics?

  Agreed to a bilateral ceasefire

The Colombian government and the main rebel group have recently agreed to a bilateral ceasefire. This includes two economic dimensions: land reform involving redistribution of land to poor farmers, and the end of illegal drug trade

  How many of each should she print to minimize the cost

The manager does not want to use more than 600 pages, and she needs at least 50 brochures and 150 fliers. How many of each should she print to minimize the cost?

  Explaining the significance of the evidence

Automated tools help you collect and report evidence, but you're responsible for doing which of the following?

  Find the values of a and b

(a) Find the values of a and b for which 1-x2 +6x can be expressed in the form a-(x+b)2. Hence, find the roots of f. (b) If f(x) = 1 - x2 + 6x has domain 2 x 7, then what is the range of f?

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