subject
Business, 16.03.2020 20:28 MissDumb1

Suppose a consumer has income of $120 per period, and faces prices pX  2 and pZ  3. Her goal is to maximize her utility, described by the function U  10X0.25Z0.75. Calculate the utility maximizing bundle (X*, Z*).

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 16:20
Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes
Answers: 3
question
Business, 22.06.2019 04:00
Don’t give me to many notifications because it will cause you to lose alot of points
Answers: 1
question
Business, 22.06.2019 07:30
When selecting a savings account, you should look at the following factors except annual percentage yield (apy) fees minimum balance interest thresholds taxes paid on the interest variable interest rates
Answers: 1
question
Business, 22.06.2019 08:30
What is the equity method balance in the investment in lindman account at the end of 2018?
Answers: 2
You know the right answer?
Suppose a consumer has income of $120 per period, and faces prices pX  2 and pZ  3. Her goal is to...
Questions
question
Chemistry, 20.04.2021 21:10
question
Mathematics, 20.04.2021 21:10
question
Mathematics, 20.04.2021 21:10
question
Business, 20.04.2021 21:10
question
Mathematics, 20.04.2021 21:10
Questions on the website: 13722367