What is the optimal consumption of apricots and bananas

Assignment Help Econometrics

Reference no: EM13246543

Jason's utility from consuming apricots and bananas is given byU(a,b)=2a+3b. Suppose Jason will spend $10 on fruit. If the pricesare pA=1 and pB=2, what is his optimal consumption of apricots and bananas?

Reference no: EM13246543

Questions Cloud

How many potassium ions pass : Measurements with microelectrodes have shown that a 0.30-nm-diameter potassium ion(K+) channel carries a current of 1.8 pA, How many potassium ions pass through if the ion channel opens for 1.0 ms

Define what is the orientation of the oxygen atoms : Draw a representation of the 3-D structure of the anion, including only the bonding-pair electrons, and any sulfur lone-pair electrons. What is the orientation of the oxygen atoms with respect to each other around the S?S bond?

Explain how many liters of o2 are needed to react completely : How many liters of O2 (g) are needed to react completely with 56.0 L of CH4 (g) at STP to produce CO2 (g) and H2O (g)? Given CH4 + 2O2---->CO2 + H2O

Management at a company : Management at a Company

What is the optimal consumption of apricots and bananas : Jason's utility from consuming apricots and bananas is given byU(a,b)=2a+3b. Suppose Jason will spend $10 on fruit. If the pricesare pA=1 and pB=2, what is his optimal consumption of apricots and bananas

Find the frictional force on the bone : As a person walks, the femur (upper leg bone) slides in a socket in the hip, Find the frictional force on the bone in the hip joint

The practice of foot binding : Which of the following was not a major technological innovation of Tang and Song China? The practice of foot binding

Explain what is the final pressure in atm : A sample of helium gas initially at 37.0 °C, 785 torr and 2.00 L was heated to 58.0 °C while the volume expanded to 3.24 L. What is the final pressure in atm

Find the torque required to over come the viscous force : Find the torque required to over come the viscous force in a journal bearing having Radius of journal R , angular velocity w length of the bearing L and thickness of oil film t

User Account

All Pages