lakhwinder3349 lakhwinder3349

26-05-2023
Business

Answered

1) The utility function of a consumer is U= 63x^5y^5. What is the actual value of marginal rate of substitution if the consumer is consuming 3 of X and 3 of Y?

Answer :

Other Questions

Exhibit A Demand and Marginal Utility Pizza Pies Compact Disks Total Marginal Total Marginal Quant. Utility Utility Total Marginal Quant. Utility Util. Quant. U

Suppose you are consuming two goods, A and B. Your marginal utility of good A is 28, and your marginal utility of good B is 3. The price of good A is $2100, and

Lisa consumes only two goods, pizzas and burritos. In equilibrium, her marginal utility per slice of pizza is 26 and her marginal utility per burrito is 13. Ins

Consider the automobile monopolist Toyota. Demand for Toyota cars is p(Q) = 1,000-2Q and the company's marginal cost is $200 per unit. (a) (8) In the absence of

The demand and supply for bicycles is given by: Qd = 1000 - 10P Q³ = 2P - 20 The government imposes a per unit tax of Tax = $12. What is new CS and PS? What is

Klay and Jaylen have preferences over basketballs (b) and MuscleMilk (m). Klay's preferences can be described by Uk(bk, mk) = bm and Jaylens's preferences can b

Two food trucks are opening up in Harrisonburg: Hamilton's Hot Dogs and Smith's Sandwiches both food truck owners have paid off their debts and neither business

5. A machine cost £ 2550 on 1st January 2015, and £ 3930 on 1st January 2019. The average inflation rate over these four years was 7 % per year. What is true pe

The Demand For Resources Exercise 1 (Algo) Ronnie owns a cookie store. He has carefully recorded the number of cookies that his shop can produce per day with di