Mathematics, 13.11.2020 17:10 LuvIsRage2
Charlie's utility function is U(A, B) = AB, where A and B are the numbers of apples and bananas, respectively, that he consumes. When Charlie is consuming 20 apples and 80 bananas, if we put apples on the horizontal axis and bananas on the vertical axis, the slope of his indifference curve at his current consumption is:a. -8.b. -1/4.c. -20.d. -4.e. -1/8.
Answers: 1
Mathematics, 21.06.2019 23:30, JellalFernandes
Atruck can be rented from company a $50 a day plus $0.60 per mile. company b charges $20 a day plus $0.80 per mile to rent the same truck. find the number of miles in a day at which the rental costs for company a and company b are the same
Answers: 1
Mathematics, 22.06.2019 03:30, kbuhvu
Tom and lilly rented a house for $12,000 last year. at the start of the year they bought the house they had been renting directly from the owner for $250,000. they believe they could rent it for $12,000 this year, but stay in the house. how much does tom and lilly’s decision to buy the house change gdp? a. it reduces gdp by $12,000 b. it does not change gdp c. it raises gdp by $238,000 d. it raises gdp by $250,000
Answers: 1
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