Consider a consumer who consumes two goods and has utility function u(x1, x2) = x2 + √ x1. The price of good 2 is 1, the price of good 1 is p, and income is m. Start with m = 10 and p = 1.5, and suppose that the price of good 1 increases by 25%. Compute the substitution and the income effect.

China white was the black market selling of ivory, in which the profit was redistributed back into the trafficking of heroin.

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $360,000; cash paid for rent, $44,000; cash paid to employees for services rendered during the year, $124,000; cash paid for utilities, $54,000.in addition, you determine that customers owed the company $64,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,400 at year-end, and the rent payment was for a two-year period. calculate accrual net income for the year.

It's possible for a debt card transaction to bounce true or false