Business, 31.08.2019 15:30 paxbro3986
Which term refers to the age, gender, education, income, family size, career, and residence of the consumer?
a. agenda
b. demographic
c. psychographic
d. target audience
Answers: 1
Business, 23.06.2019 03:00
3. saving two consumers, larry and jeff, have utility functions defined over the two periods of their lives: middle age (period zero) and retirement (period 1). they have the same income in period 0 of m dollars and they will not earn income in period 1. the interest rate they face is r. larry’s and jeff’s utility functions are as follow. = 0.5 + 0.5 and = 0.5 + 0.5 for each person is between zero and one and represents each consumer’s temporal discount econ 340: intermediate microeconomics. ben van kammen: purdue university. rate. a. write the budget constraint that applies to both jeff and larry in terms of consumption in each period and ), interest rate, and m. b. what is larry’s and what is jeff’s marginal rate of intertemporal substitution? c. what is the slope of the budget constraint? d. write each consumer’s condition for lifetime utility maximization. e. re-arrange the conditions from part (d) to solve for the ratio, . f. if > which consumer will save more of his middle age income? g. if > 1 1+ , in which period will larry consume more: = 0 or = 1?
Answers: 2
Business, 23.06.2019 05:30
When conducting a swot analysis, information about turnover, profit margins, and staff quality can be used to identify:
Answers: 1
Business, 23.06.2019 09:00
Matthew decides to buy expensive designer jeans. less expensive jeans are available, but the added cost of the designer brand is worth it to matthew most likely because
Answers: 1
Which term refers to the age, gender, education, income, family size, career, and residence of the c...
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