Paul consumes only books and DVDs. At his current consumption bundle, his marginal utility from DVDs is 21 and from books is 4 . Each DVD costs $11 , and each book costs $1 . Is he maximizing his utility? Explain. Let MU Subscript Upper B be the marginal utility of books, MU Subscript Upper D be the marginal utility from DVDs, Upper P Subscript Upper B be the price of books, Upper P Subscript Upper D be the price of DVDs, and MRS be the marginal rate of substitution. Paul is
Answers: 1
Business, 22.06.2019 01:00, Reddolls
You are the manager in charge of global operations at bankglobal – a large commercial bank that operates in a number of countries around the world. you must decide whether or not to launch a new advertising campaign in the u. s. market. your accounting department has provided the accompanying statement, which summarizes the financial impact of the advertising campaign on u. s. operations. in addition, you recently received a call from a colleague in charge of foreign operations, and she indicated that her unit would lose $8 million if the u. s. advertising campaign were launched. your goal is to maximize bankglobal’s value. should you launch the new campaign? explain. pre-advertising campaign post-advertising campaign total revenues $18,610,900 $31,980,200 variable cost tv airtime 5,750,350 8,610,400 ad development labor 1,960,580 3,102,450 total variable costs 7,710,930 11,712,850 direct fixed cost depreciation – computer equipment 1,500,000 1,500,000 total direct fixed cost 1,500,000 1,500,000 indirect fixed cost managerial salaries 8,458,100 8,458,100 office supplies 2,003,500 2,003,500 total indirect fixed cost $10,461,600 $10,461,600
Answers: 2
Business, 22.06.2019 18:00, firesoccer53881
If you would like to ask a question you will have to spend some points
Answers: 1
Business, 22.06.2019 20:40, lulustar13
David consumes two things: gasoline (g) and bread (b). david's utility function is u(g, b) = 10g^0.25 b^0.75. use the lagrange technique to solve for david's optimal choices of gasoline and bread as a function of the price of gasoline, p_g, the price of bread, p_b, and his income m. with recent decrease in the price of gasoline (maybe due to external shock such as shale gas production) does david increase his consumption of gasoline? for david, how does partial differential g/partial differential p_g depend on his income m? that is, how does david's change in gasoline consumption due to an increase in the price of gasoline depend on his income level? to answer these questions, find the cross-partial derivative, |partial differential^2 g/partial differential m partial differential p_g.
Answers: 1
Paul consumes only books and DVDs. At his current consumption bundle, his marginal utility from DVD...
English, 19.05.2020 13:02
English, 19.05.2020 13:02
Mathematics, 19.05.2020 13:02
Computers and Technology, 19.05.2020 13:02
Mathematics, 19.05.2020 13:02