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Jenny consumes 3 different goods X, Y and Z. Her corresponding utility function is U(X,Y,Z) = 2XY + 4Y + Z^2 . If Px = Py = $1, Pz = $2, and Jenny’s budget is $38, how much of X, Y and Z, should Jenny purchase? What is the maximal utility level that she can achieve given her budget constraint?
determinants of supply and demand, graph the supply and demand curves and illustrate the resulting change in the equilibrium price and quantity.
q1.the item to rice or paintings. which product did you expect to have a higher index of intra-industry trade and
The CPI for 2009 was 195 but i know that the imfataion rate couldn't habe been as high as95% in 2005". In your answer carefully explain what the value of CPI means.
Many industrialized countries such as the United States attempt to seriously restrict immigration of production workers, but are more open to immigrants who are highly-skilled. Why might this be the case? Why is this a problem for developing countrie..
She can charge different prices in the two markets. Illustrate what is the profit-maximizing combination of quantities for this monopolist.
If you deposit RM3,000 with each bank, illustrate what will be the difference in the two bank account balances after two years.
Suppose the Demand Curve is given by Q = 100 - .5 P Derive the Price that Maximizes Total Profit if the company produced at a constant marginal cost of $50/unit.
As part of their chores on Saturday mornings, they have to clean the bathrooms also wash the floors of the house while their parents go grocery shopping.
Suppose that an increase in crime (O) also results in a per unit amount of social damage equal to d(d>0).
Using the three intellectual property concerns that you identified in the first part of this discussion - determine which concerns can be addressed by processes internal to the firm and which must be handled by factors.
q1. how would keynesian solve a recessionary gap using personal tax rates increase or decrease government spending
A new tax on airline tickets has raised concerns the European airline traffic will fail. Show the effect on airline ticket prices and quantity demanded. Show the shift of supply and/or demand curves and explain why the curve(s) shifted.
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