Victor is the manager of a local bank branch in college station where he consumes bundles of two commodities x and y. prices in college station are px=1 and py=5. he is offered a transfer to dallas where prices are px=2 and py=8; victor’s utility function is u(x, y)=xy and his income in college station is $5000. (victor’s utility maximization is always characterized by the tangency rule). will victor be able to afford what he was buying in college station if he is offered a salary in dallas that guarantees his welfare is the same with the transfer?

Which of the following mechanisms would be most likely to motivate managers to act in the best interests of shareholders? a) decrease the use of restrictive covenants in bond agreements, b) take actions that reduce the possibility of a hostile takeover, c) elect a board of directors that allows managers greater freedom of action, d) increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries, e) eliminate a requirement that members of the board directors have a substantial investment in the firm's stocks

At a roundabout, you must yield to a. already in the roundaboutb. entering the roundaboutc. only if their turn signal is ond. only if they honk at you

Keshawn used to work for an it company in baltimore, but lost his job when his company decided to use workers in new delhi instead. this is an example of: