subject
Business, 21.02.2020 05:24 leahstubbs

Miss Quested has the following quasi-linear utility function over bread (b) and housing (h): U(b, h) = 2b1/2 + h Assume that Miss Quested’s total income is $24, the price of bread is $1 per unit and the price of housing is $4 per unit. What is Miss Quested’s utility maximizing combination of bread and housing?

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 20:00, HahaHELPP
In william rathje's garbology project that focused on household waste, front door interviews found 15 percent of respondents saying that they consumed beer. the trash discard from the same area showed what percentage of household's consuming beer
Answers: 1
image
Business, 22.06.2019 20:10, Zayybabii
With signals from no-claim bonuses and deductibles, a. the marginal cost curve for careful drivers lies to the left of the marginal cost curve for aggressive drivers b. auto insurance companies insure more aggressive drivers than careful drivers because aggressive drivers have a greater need for the insurance c. the market for car insurance has a separating equilibrium, and the market is efficient d. most drivers pay higher premiums than if the market had no signals
Answers: 1
image
Business, 23.06.2019 15:30, rosie20052019
He following data come from the financial statements of riley company for the year ended march​ 31, 2017 ​(in millions). ​(click the icon to view the​ information.) requirements 1. prepare a cash flow statement for the year ended march​ 31, 2017. not all items given appear on the cash flow statement. 2. what activities provided the largest source of​ cash? is this a sign of financial strength or​ weakness? requirement 1. prepare a cash flow statement for the year ended march​ 31, 2017. not all items given appear on the cash flow statement. ​(use parentheses or a minus sign to show cash​ payments, cash​ outflows, and/or a net decrease in cash. if a box is not used in the statement of cash flow leave the box​ empty; do not select a label or enter a​ zero.) riley company statement of cash flows year ended march 31, 2017 millions cash flows from operating activities: net cash provided by (used for) operating activities
Answers: 1
image
Business, 23.06.2019 18:30, jesusmejia383
Jenna is saving for a sound system. while she is saving for her system, she finds the speakers for her system on sale for a good price and buys them. at the same time, mark is saving up to by a big-screen television. he sees some movies on sale and decides to buy them so that he can watch them on his new television when he buys it. which of the following statements best describes jenna's and mark's actions?
Answers: 1
You know the right answer?
Miss Quested has the following quasi-linear utility function over bread (b) and housing (h): U(b, h)...

Questions in other subjects:

Konu
Mathematics, 03.02.2020 13:53