subject
Mathematics, 01.12.2021 01:00 Crxymia

Michael has perfect substitutes preferences. His budget is m. With current prices px and py, his optimal bundle is (x = 15, y = 0). If his budget doubles, what happens to his optimal consumption of y?.

ansver
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 17:30, kkpowell
The ksp expression for the system pbcl2(s) pb+2(aq) + 2 cl-(aq) is: [pbc12][pb+2][2cl-] [pb+2][cl-]2 [pb+2][2cl-]2 [pbcl2][pb+2][cl-]2 [pb+2][2cl-]2[pbcl2]
Answers: 1
image
Mathematics, 21.06.2019 19:00, tjkma1234
Angela is buying a dress that is on sale for 20% off. if the original price of the dress is $40.00, how much money is angela saving on the dress? a. $0.80 b. $3.20 c. $32.00 d. $8.00
Answers: 1
image
Mathematics, 21.06.2019 20:50, brea2006
An automobile assembly line operation has a scheduled mean completion time, μ, of 12 minutes. the standard deviation of completion times is 1.6 minutes. it is claimed that, under new management, the mean completion time has decreased. to test this claim, a random sample of 33 completion times under new management was taken. the sample had a mean of 11.2 minutes. assume that the population is normally distributed. can we support, at the 0.05 level of significance, the claim that the mean completion time has decreased under new management? assume that the standard deviation of completion times has not changed.
Answers: 3
image
Mathematics, 21.06.2019 23:20, ruddymorales1123
Identify the function that contains the data in the following table: x     -2         0         2         3         5     f(x)     5         3         1         2         4     possible answers: f(x) = |x| + 1 f(x) = |x - 2| f(x) = |x - 2| - 1 f(x) = |x - 2| + 1
Answers: 1
You know the right answer?
Michael has perfect substitutes preferences. His budget is m. With current prices px and py, his opt...

Questions in other subjects: