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Microeconomics questions.Q1. Jonathan's preferences are characterized by diminishing marginal rate of substitution. At his current consumption level Jonathan's marginal utility from beer is 5 and his marginal utility from Coke is 4. If Coke is placed on the horizontal axis, is Jonathan's current choice an "interior" optimum if the price of a can of beer is $2 and a can of Coke costs $1? Explain? If not what should Jonathan to obtain an interior solutionQ5. Bin is considering two cell phone plans. The first plan gives Bin up to 300 minutes of use, CP, for a set fee of $60 with each additional minute priced at 20 cents per minute. The second plan has no set fee, but charges 50 cents per minute. You have $100 per month to spend on cell phone services and a "composite" good ,C, priced at $1 per unit. a. Draw Bin's budget constraints under each plan, label all relevant pointsQ6. Shen purchases two goods, x and y. With income of $600, Px is $4 per unit and Py is $5 per unit. a. Draw the Shen's budget constraint and label all relevant points [2 marks] b. Suppose the government imposes a tax on good x of $2 per unit, that is, the price of x would rise to $6. However, the tax is imposed only on the first 40 units of x purchased. Draw and appropriately label Shen's new budget line
Explain what is the most effective way for companies to monitor employee motivation, satisfaction, and performance and what are its advantages and disadvantages?
focus on alternatives when the superiority of one alternative over another depends largely upon which criteria are most important to the reader.
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Loren Vranich a doctor performing under the corporate name Family Health Care PC., entered into a printed employment contract to hire Dennis Winkel.
Explain What is the role of research in cross-cultural psychology and What are some research trends in the field of cross-cultural psychology
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