Lisa is a software developer. A new client comes to Lisa feeling very frustrated. He has tried everything to get more customers to visit his web page, but nothing works. Lisa has an idea to develop a phone application that connects people directly to the client’s web site. Her solves the client’s problem in a way of which he had not thought. Lisa takes her idea to Kevin. Kevin wants to create the application, but is missing several items needed to complete the project. Kevin displays when he figures out a way to use the materials he has in the office to create the application.

Amathematical approximation called the rule of 70 tells us that the number of years that it will take something that is growing to double in size is approximately equal to the number 70 divided by its percentage rate of growth. thus, if mexico's real gdp per person is growing at 7 percent per year, it will take about 10 years(=70/7) to double. apply the rule of 70 to solve the following problem. real gdp per person in mexico in 2005 was about $11,000 per person, while it was about $44,000 per person in the u.s. if real gdp per person in mexico grows at the rate of 5 percent per year: how long will it take mexico's real gdp per person to reach the level that the united states was at in 2005? (hint: how many times would mexico's 2005 real gdp per person have to double to reach the u.s.'s 2005 real gdp per person?

Define the marginal rate of substitution between two goods (x and y). if a consumer’s preferences are given by u(x,y) = x3/4y1/4, compute the consumer’s marginal rate of substitution as a function of x and y. calculate the mrs if the consumer has chosen to consumer 48 units of x and 16 units of y. show your work. (use the back of the page if necessary.

Emerson has an associate degree based on the chart below how will his employment opportunities change from 2008 to 2018