Business, 05.11.2019 06:31 4804174946
Ed's utility from vacations (v) and meals (m) is given by the function u(v, m) = v2m. last year, the price of vacations was $200 and the price of meals was $50. this year, the price of meals rose to $75, the price of vacations remained the same. both years, ed had an income of $1500.
a. calculate the change in consumer surplus from meals resulting from the change in meal prices.
b. what is the compensating variation for the price change in meals?
c. calculate the equivalent variation for the price change in meals.
Answers: 3
Business, 22.06.2019 04:00
Medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic. hughes sought a position as a sales director for st. jude. st. jude told hughes that his contract with medtronic was unenforceable and offered him a job. hughes accepted. medtronic filed a suit, alleging wrongful interference. which type of interference was most likely the basis for this suit? did it occur here? medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic
Answers: 2
Business, 22.06.2019 06:00
If you miss two payments on a credit card what is generally the penalty
Answers: 1
Business, 22.06.2019 12:50
You own 2,200 shares of deltona hardware. the company has stated that it plans on issuing a dividend of $0.42 a share at the end of this year and then issuing a final liquidating dividend of $2.90 a share at the end of next year. your required rate of return on this security is 16 percent. ignoring taxes, what is the value of one share of this stock to you today?
Answers: 1
Business, 22.06.2019 15:40
As sales exceed the break‑even point, a high contribution‑margin percentage (a) increases profits faster than does a low contribution-margin percentage (b) increases profits at the same rate as a low contribution-margin percentage (c) decreases profits at the same rate as a low contribution-margin percentage (d) increases profits slower than does a low contribution-margin percentage
Answers: 1
Ed's utility from vacations (v) and meals (m) is given by the function u(v, m) = v2m. last year, the...
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