Business, 14.10.2019 22:00 Totototono
Harmonâs utility function is u(x1, x2) = x1x2. his income is 100 dollars. the price of good 2 is p2 = 4. good 1 is priced as follows. the first 15 units cost 4 dollars per unit and any additional units cost 5 dollars per unit. what consumption bundle does alex choose?
a. (12.5, 12.5)
b. (25,12.5)
c. (12.5, 25)
d. (15, 10)
e. none of the above.
Answers: 1
Business, 21.06.2019 18:20
Which of the following accurately describes a situation in which consumers have elastic demand? a. a restaurant starts using margarine instead of butter because butter becomes more expensive. b. consumers boycott a restaurant because the waiters aren't paid minimum wage. c. a company starts using sugar instead of corn syrup because its revenues are up. d. people give up eating pasta and bread because they want to lose weight. 2b2t
Answers: 1
Business, 21.06.2019 22:00
When slick heating company switched to an activity based costing system, it realized that it was allocating a much lower percentage of factory overhead to a product line that the marketing department was trying to push. the product line may contain which type of products?
Answers: 2
Business, 22.06.2019 01:30
Monica needs to assess the slide sequence and make quick changes to it. which view should she use in her presentation program? a. outline b. slide show c. slide sorter d. notes page e. handout
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Business, 22.06.2019 13:50
Classify each of the following items as a public good, a private good, a natural monopoly good, or a common resource.(a) measles vaccinations (b) tuna in the pacific ocean (c) airline service in the united states (d) local storm-water system
Answers: 1
Harmonâs utility function is u(x1, x2) = x1x2. his income is 100 dollars. the price of good 2 is p2...
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