subject
Business, 21.02.2020 23:49 laylah255

Andrea loves to eat burritos with hot sauce. In fact, she cannot enjoy a burrito (B) unless it has two servings of hot sauce (H). She gets no additional enjoyment from more than three servings per burrito. Thus, her utility function is U (B, H) equals min(38,H)

U equals 3 and U equal 6 for indifference curves.

If her current bundle is 2 burritos and 8 hot sauces, mark the bundle on the graph. What is her marginal utility of hot sauce at the bundle?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 09:40
You plan to invest some money in a bank account. which of the following banks provides you with the highest effective rate of interest? hint: perhaps this problem requires some calculations. bank 1; 6.1% with annual compounding. bank 2; 6.0% with monthly compounding. bank 3; 6.0% with annual compounding. bank 4; 6.0% with quarterly compounding. bank 5; 6.0% with daily (365-day) compounding.
Answers: 3
question
Business, 22.06.2019 17:10
Storico co. just paid a dividend of $3.15 per share. the company will increase its dividend by 20 percent next year and then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent dividend growth, after which the company will keep a constant growth rate forever. if the required return on the company’s stock is 12 percent, what will a share of stock sell for today?
Answers: 1
question
Business, 22.06.2019 20:00
Which motion below could be made so that the chair would be called on to enforce a violated rule?
Answers: 2
question
Business, 22.06.2019 21:00
Sue peters is the controller at vroom, a car dealership. dale miller recently has been hired as the bookkeeper. dale wanted to attend a class in excel spreadsheets, so sue temporarily took over dale's duties, including overseeing a fund used for gas purchases before test drives. sue found a shortage in the fund and confronted dale when he returned to work. dale admitted that he occasionally uses the fund to pay for his own gas. sue estimated the shortage at $450. what should sue do?
Answers: 3
You know the right answer?
Andrea loves to eat burritos with hot sauce. In fact, she cannot enjoy a burrito (B) unless it has t...
Questions
Questions on the website: 13722363