Find the marginal utility functions

Assignment Help Macroeconomics
Reference no: EM13181126

Find the marginal utility functions of the following utility functions:

Plot the marginal utility functions. Indicate which of these functions appear to exhibit diminishing, constant or increasing marginal utility?

1. u(x,y) = 3x + 2y

2. u(F,C) = 10FC

3. u(F,C) = .2F2C2

4. u(x,y) = (XY)1/2

Reference no: EM13181126

Questions Cloud

Find out the molar ratio of sodium borohydride : Determine the molar ratio of sodium borohydride to 9-fluorenone that you used in the experiment.
Find the volume v generated by rotating the region : find the volume V generated by rotating the region bounded by the given curves about x = 4.
Tool of analysis-class-gender-race : I'm taking a Mosaic class (Humanities) and our professor gave us something called "tool of analysis" 1- Class 2- Gender 3- Race, and Corse themes such as journeys, self and others, community, ways of knowing faith and cultural components.
Compute standard delta g for the following reaction : Calculate standard Delta G for the following reaction at 25 C. You will have to look up the thermodynamic
Find the marginal utility functions : Find the marginal utility functions of the following utility functions: Plot the marginal utility functions. Indicate which of these functions appear to exhibit diminishing, constant or increasing marginal utility? 1. u(x,y) = 3x + 2y
Describe erythrocytes phosphorylate glucose : Erythrocytes phosphorylate glucose to glucose 6-phosphate with the help of the enzyme hexokinase instead of glucokinase. Hexokinase has a Km = 0.04 mM.
Find partial derivatives : Find (all) the partial derivatives (e.g. ?u/?x and ?u/?y) of the following functions: 1. Q(p,I) = 300 - 3p - 4I 2. u(x,y) = 10xy 3. u(x,y) = ax? y? 4. z = (x+y)2 5. z = 2x3-11x2y +3y2
Estimate the mean number of cars per household : A random sample of 30 households was selected from a particular neighborhood. The number of cars for each household is shown below. Estimate the mean number of cars per household for the population of households in the neighborhood. Give the 95% c..
Find the volume v of water in the bowl : Find the volume V of water in the bowl. Consider two cases: one in which the ball is not completely submerged and the other in which it is.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Explain how do the relationships between congress

Explain how do the relationships between Congress think about both houses also the American people function today.

  Illustrate what do think about the goal distressed country

Illustrate what do you think about the goal of the IMF's aid to distressed countries. What has been the controversy surrounding the IMF austerity programs.

  Illustrate what other steps should the qc department

Utilizing the data, construct limits for x- and R-charts. Explain the process in control. Illustrate what other steps should the QC department follow at this point.

  Elucidate why increases in the price of a labor-intensive

Elucidate why increases in the price of a labor-intensive good lead to proportionally greater increases in the wage rate in a labor intensive country.

  Describing the three savings

What is national saving? What is private saving? What is public saving? How are these three variables related?

  Determine the cross-price elasticity

How would multiplying a positive constant to a linear demand function affect its own-price elasticity of demand? In particular, how would the elasticity of demand of \(Q_{x}=a+bP_{x}+cP_{y}+dI\) at a point compare with the elasticity of demand..

  Explain why is it important for a country to calculate their

Explain why is it important for a country to calculate their GDP and release this information to the public.

  Explain why does the us steel industry want

Explain why does the US steel industry want a tariff on imported steel. Show the US steel market with and without a tariff, showing graphically why they will like a tariff.

  Illustrate hat are the positives and negatives of protection

Illustrate hat are the positives and negatives of protectionist trade policies on the part of the federal government.

  What must the cfo expect about the australian dollar

What must the CFO expect about the Australian Dollar/US$ exchange rate 1 year from now if she chooses to invest in the US $ CD's instead of the Australian CD's?

  Finding opportunity cost and comparative advantage

According to law of comparative advantage , who should produce wheat and who must produce Cd palyer? Evaluate all relevant opportunity cost.

  Elucidate why is it a more meaningful indictor than housing

a powerful leading indicator of overall future economic activity. Elucidate why is it a more meaningful indictor than housing starts.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd