You run a nail salon. Fixed monthly cost is $5,669.00 for rent and utilities, $5,820.00 is spent in salaries and $1,547.00 in insurance. Also every customer requires approximately $3.00 in supplies. You charge $121.00 on average for each service. You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $11,716.00, salaries to $6,053.00 and insurance to $2,267.00 per month. Cost of supplies will increase to $7.00 per service. However you can now charge $161.00 per service. At what point will you be indifferent between your current location and the new loaction

)murphy was consuming 100 units of x and 50 units of y . the price of x rose from 2 to 3. the price of y remained at 4. (a) how much would murphy’s income have to rise so that he can still exactly afford 100 units of x and 50 units of y ? g

The typical consumer's food basket in the base year 2015 is as follows: 30 chickens at $4 each 10 hams at $5 each 10 steaks at $8 each a chicken feed shortage causes the price of chickens to rise to $5.00 each in the year 2016. hams rise to $7.00 each, and the price of steaks is unchanged. a. calculate the change in the "cost-of-eating" index between 2015 and 2016. year cost of the basket 2015 $ 2016 $ instructions: enter your responses rounded to one decimal place. the official cost-of-eating index has by %. b. suppose that consumers are completely indifferent between two chickens and one ham. for this example, how large is the substitution bias in the official "cost-of-eating" index? the in the cost-of-eating index is %. the of inflation in the cost of eating reflects substitution bias.

You are the new chief information officer for the video-game developer, necturus games. the company has recently undergone a major expansion of its primary product, and you must staff up the is department and determine the best way to develop new game "capsules" for the game, "escape velocity."