Suppose u=min(x, y) and the price of x is 1, the price of y is 1 and income is $12. if the price of x increases to 2, the substitution effect is

An equation representing lyle’s hedge-trimming business is a = 12n - 300 where a is the amount of profit or loss in dollars and n is the number of hedges trimmed. how would the graph of lyle’s business change if the equation a = 10n - 300 represented his business? the graph would be flatter. the graph would be steeper. the graph would start closer to the origin. the graph would start lower on the y-axis.

Saline iv fluid bags cost $64.20 for 24, 1000 ml bags from one supplier. a new supplier sells 500 ml bags for $2 each. the hospital uses about 10,000, 1000 ml bags each month. nurses report that about half of the bags are more than half full when they are discarded. if you are going to use only one supplier, which size bag provides the best deal, and how much will you save each month? compare the cost of the new supplier to the current one.

Consider this equation. |y + 6| = 2 what can be concluded of the equation? check all that apply. there will be one solution. there will be two solutions. the solution to –(y + 6) = 2 will be also be a solution to the given absolute value equation. the solution(s) will be the number(s) on the number line 2 units away from –6. the value of y must be positive since the variable is inside absolute value signs.