Business, 21.02.2020 05:24 leahstubbs
Miss Quested has the following quasi-linear utility function over bread (b) and housing (h): U(b, h) = 2b1/2 + h Assume that Miss Quested’s total income is $24, the price of bread is $1 per unit and the price of housing is $4 per unit. What is Miss Quested’s utility maximizing combination of bread and housing?
Answers: 3
Business, 22.06.2019 11:50
The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.
Answers: 3
Business, 22.06.2019 16:30
Why is investing in a mutual fund less risky than investing in a particular company’s stock?
Answers: 3
Business, 22.06.2019 20:30
Considered alone, which of the following would increase a company's current ratio? a. an increase in net fixed assets.b. an increase in accrued liabilities.c. an increase in notes payable.d. an increase in accounts receivable.e. an increase in accounts payable.
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Business, 23.06.2019 02:30
Suppose a jury of 12 people is chosen from the above pool, and this jury hears a case and discusses the verdict; x is the number who think the defendant is guilty.
Answers: 1
Miss Quested has the following quasi-linear utility function over bread (b) and housing (h): U(b, h)...
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