There are two consumer goods, x1andx2. consumers all have income given bym, and a utilityfunctionu(x1, x2) =aln(x1) +ln(x2). the price of the two goods are p1and p2.(a) find the individual demand functions for 1and 2.(b) the parameteradiffers across consumers. type a consumers havea= 1. type bconsumers havea= 2. if there is one type a person and two type b people, what ismarket demand for good 1

Amanager of a store that sells and installs spas wants to prepare a forecast for january and june of next year. her forecasts are a combination of trend and seasonality. she uses the following equation to estimate the trend component of monthly demand: ft = 30+5t, where t = 1 in january of this year. seasonal relatives are 0.60 for january and 1.50 for june. what demands should she predict for january and june of next year

True or false payroll withholding includes income tax, social security tax, medicare tax as well as money you deduct for your retirement fund.

Draw a flowchart for a process of interest to you, such as a quick oil-change service, a factory process you might have worked in, ordering a pizza, renting a car or truck, buying products on the internet, or applying for an automobile loan. identify the points where something (people, information) waits for service or is held in work-in-process inventory, the estimated time to accomplish each activity in the process, and the total flow time. evaluate how well the process worked and what might be done to improve it.