Each day Paul, who is in third grade, eats lunch at school. He likes only Twinkies (t) and soda (5), and these provide him autility ofutility = U(t, s) = Jr}.a. If Twinkies cost $0.10 each and soda costs $0.25 per cup. how should Paul spend the 51 his mother gives him tomaximize his utilitY?b. Ifthe school tries to discourage Twinkie consumption by increasing the price to $0.40. by how much will Paul‘s motherhave to increase his lunch allowance to provide him with the same level of utility he received in part (a)?

Hilary works at klothes kloset. she quickly the customers, and her cash drawer is always correct at the end of her shift. however, she never tries to "upsell" the customers (for example, by asking if they would like to purchase earrings to go with the shirt they chose or by suggesting a purse that matches the shoes they are buying). give hilary some constructive feedback on her performance.

Managers in a firm hired to improve the firm's profitability and ultimately the shareholders' value will add to the overall costs if they pursue their own self-interests. what does this best illustrate? a. diseconomies of scale b. principal-agent problem c. experience-curveeffects d. information asymmetries

The food services division of cedar river amusement park inc. is studying the amount families who visit the amusement park spend per day on food and drink. a sample of 40 families who visited the park yesterday revealed they spent the following amounts: see worksheet 1 for data and answer the following questions: a. organize the data into a frequency distribution, using seven classes and 15 as the lower limit of the first class. what class interval did you select? b. what percent of families spent less than $45? c. what percent of families spent $55 or more? d. how many families spent from $65 to 74.99?