subject
Business, 24.06.2019 21:20 LucindaKamala

Vasco likes spare ribs, r, and fried chicken, c. his utility function is u(c, r)equals10upper r squaredc. his weekly income is $450, which he spends on only ribs and chicken. if he spends $50.00 for a slab of ribs and $25.00 for a chicken, what is his optimal consumption bundle? vasco's optimal value of ribs is requals nothing units. (enter a numeric response using a real number rounded to two decimal places.)

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 15:30
Historically, 12 percent of a mail-order firm's repeat charge-account customers have an incorrect current address in the firm's computer database. the number of customers out of 19 who have an incorrect address in the database is a binomial random variable with n = 19 and 2formula36.mml = 0.12.
Answers: 2
question
Business, 21.06.2019 20:00
When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting
Answers: 3
question
Business, 22.06.2019 14:10
When a shortage or a surplus arises in the loanable funds market a. the supply of loanable funds changes to return the economy to its original real interest rate b. the nominal interest rate is pulled to the new equilibrium level c. the demand for loanable funds changes to return the economy to its original real interest rate d. the real interest rate is pulled to the new equilibrium level
Answers: 3
question
Business, 22.06.2019 15:30
On january 15, the end of the first biweekly pay period of the year, north company’s payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employees’ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north company’s january 15 (employee) payroll expenses and liabilities.
Answers: 3
You know the right answer?
Vasco likes spare ribs, r, and fried chicken, c. his utility function is u(c, r)equals10upper r squa...
Questions
question
Mathematics, 25.04.2021 07:40
question
Mathematics, 25.04.2021 07:50
question
Biology, 25.04.2021 07:50