subject
Business, 05.03.2020 07:49 keykey5349

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)?

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 02:00, raylynnreece4939
Precision dyes is analyzing two machines to determine which one it should purchase. the company requires a rate of return of 15 percent and uses straight-line depreciation to a zero book value over the life of its equipment. ignore bonus depreciation. machine a has a cost of $462,000, annual aftertax cash outflows of $46,200, and a four-year life. machine b costs $898,000, has annual aftertax cash outflows of $16,500, and has a seven-year life. whichever machine is purchased will be replaced at the end of its useful life. which machine should the company purchase and how much less is that machine's eac as compared to the other machine's
Answers: 3
image
Business, 22.06.2019 06:30, kbows12
Select all that apply. select the ways that labor unions can increase wages. collective bargaining reducing the labor supply increasing the demand for labor creating monopolies
Answers: 1
image
Business, 22.06.2019 13:30, Mariaisagon9050
Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, pete’s three children, naomi, daniel, nick; fred’s three children, heather, chris and steve; and lucy’s two children, david and rachel. jose’s will states the following “i leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.” which of the following statements is correct? (a) under jose’s will rachel will receive $150,000. (b) under jose’s will chris will receive $150,000. (c) under jose’s will nick will receive $100,000. (d) under jose’s will pete will receive $200,000.
Answers: 1
image
Business, 23.06.2019 00:30, HottheadAnthony7234
Shelly bought a house five years ago for $150,000 and obtained an 80% loan. now the home is worth $140,000 and her loan balance has been reduced by $12,000. what is shelly's current equity?
Answers: 3
You know the right answer?
Each day Paul, who is in third grade, eats lunch at school. He likes only Twinkies (t) and soda (5),...

Questions in other subjects:

Konu
Computers and Technology, 11.10.2019 21:10