Business, 14.10.2019 22:00 Totototono
Harmonâs utility function is u(x1, x2) = x1x2. his income is 100 dollars. the price of good 2 is p2 = 4. good 1 is priced as follows. the first 15 units cost 4 dollars per unit and any additional units cost 5 dollars per unit. what consumption bundle does alex choose?
a. (12.5, 12.5)
b. (25,12.5)
c. (12.5, 25)
d. (15, 10)
e. none of the above.
Answers: 1
Business, 22.06.2019 08:00
3. describe the purpose of the sec. (1-4 sentences. 2.0 points)
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Business, 22.06.2019 17:50
Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?
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Business, 22.06.2019 23:00
If the reserve requirement is 10 percent, what amount of excess reserves does a bank acquire when a business deposits a $500 check drawn on another bank?
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Business, 23.06.2019 02:40
Suppose we are interested in bidding on a piece of land and we know one other bidder is interested. the seller announced that the highest bid in excess of $9,500 will be accepted. assume that the competitor's bid x is a random variable that is uniformly distributed between $9,500 and $15,500. suppose you bid $12,000. what is the probability that your bid will be accepted?
Answers: 2
Harmonâs utility function is u(x1, x2) = x1x2. his income is 100 dollars. the price of good 2 is p2...
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