Business, 04.08.2019 23:30 shayleewright
Suppose that omar's marginal utility for cups of coffee is constant at 2.5 utils per cup no matter how many cups he drinks. on the other hand, his marginal utility per doughnut is 11 for the first doughnut he eats, 10 for the second he eats, 9 for the third he eats, and so on (that is, declining by 1 util per additional doughnut). in addition, suppose that coffee costs $1 per cup, doughnuts cost $1 each, and omar has a budget that he can spend only on doughnuts, coffee, or both. how big would that budget have to be before he would spend a dollar buying a first cup of coffee?
Answers: 1
Business, 21.06.2019 14:10
What other aspects of ecuadorian culture, other than its predominant religion and language, might affect that country’s culture?
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Business, 22.06.2019 15:30
Susan is a 5th grade teacher and loves getting up every day and going to work to teach her students. this is an example of a. extrinsic value b. interests c. intrinsic value d. external value
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Business, 22.06.2019 21:30
Suppose that alexi and tony can sell all their street tacos for $2 each and all their cuban sandwiches for $7.25 each. if each of them worked 20 hours per week, how should they split their time between the production of street tacos and cuban sandwiches? what is their maximum joint revenue?
Answers: 3
Business, 22.06.2019 22:00
Suppose that a paving company produces paved parking spaces (q) using a fixed quantity of land (t) and variable quantities of cement (c) and labor (l). the firm is currently paving 1,000 parking spaces. the firm's cost of cement is $3 comma 600.003,600.00 per acre covered (c) and its cost of labor is $35.0035.00/hour (w). for the quantities of c and l that the firm has chosen, mp subscript upper c baseline equals 60mpc=60 and mp subscript upper l baseline equals 7mpl=7. is this firm minimizing its cost of producing parking spaces?
Answers: 3
Suppose that omar's marginal utility for cups of coffee is constant at 2.5 utils per cup no matter h...
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