Bill currently uses his entire budget to purchase 5 cans of pepsi and 3 hamburgers per week. the price of pepsi is $1 per can, the price of a hamburger is $2, bill's marginal utility from pepsi is 4, and his marginal utility from hamburgers is 6.
bill could increase his utility by:

a. maintaining his current consumption choices.
b. increasing pepsi consumption and reducing hamburger consumption.
c. increasing hamburger consumption and reducing pepsi consumption.
d. we do not have enough information to answer this question.

Jason day company had bonds outstanding with a maturity value of $300,000. on april 30, 2017, when these bonds has an unamortized discount of $10,000, they were called in at 104. to pay for these bonds, day had issued other bonds a month earlier bearing a lower interest rate. the newly issued bonds had a life of 10 years. the new bonds were issued at 103 (face value $300,000).

What is the difference between a public and a private corporation?

Suppose general motors demands labor according to the labor demand function 푤푤= 40−0. 5퐸퐸, where 푤푤 is the hourly wage and 퐸퐸 is the number of employees. the united auto workers union has a utility function given by 푈푈=푊푊∗퐸퐸. a. in 1984, the united auto workers union started negotiations with general motors by assuming that they were a monopoly union. find the wage and employment demands that the united auto workers union would have demanded before any bargaining began. b. if general motors and the united auto workers union both had excellent bargaining representatives, would this be the final labor contract? if not, then explain in words and graphically where they would end up after the bargaining process.