Suppose a consumer had a utility function given by: u= x + 4y. if the price of good x (px) is $1 and the price of good y is $8 then what is the utility maximizing quantity of good x the consumer will purchase with a budget of $4?

2standard deviation a particular telephone number is used to receive both voice calls and fax messages. suppose that 25% of the incoming calls involve fax messages, and consider a sample of 25 incoming calls. (a) what is the expected number of calls among the 25 that involve a fax message?

On january 1, year 1, purl corp. purchased as a long-term investment $500,000 face amount of shaw, inc.’s 8% bonds for $456,200. the bonds were purchased to yield 10% interest. the bonds mature on january 1, year 6, and pay interest annually on january 1. purl uses the effective interest method of amortization. what amount (rounded to nearest $100) should purl report on its december 31, year 2, balance sheet for these held-to-maturity bonds?

According to the video, the gross national product had declined from $104 billion in 1929 to about in 1933.