Customer Service Chat
Get quote & make Payment
Consumer behaviour, economics, Microeconomics
Maurice has the following utility function:
U (X; Y ) = 20X + 80Y ?? X2 ?? 2Y 2
where X is his consumption of CDs, with a price of $1, and Y is his consumption
of movie videos, with a rental price of $2. He plans to spend $41 on both forms of
entertainment. Determine the number of CDs and video rentals that will
maximize Maurice''s utility.
Posted Date: 2/24/2012 12:22:35 AM | Location : United States
Ask an Expert
Consumer behaviour, economics, Assignment Help, Ask Question on Consumer behaviour, economics, Get Answer, Expert's Help, Consumer behaviour, economics Discussions
Write discussion on Consumer behaviour, economics
Your posts are moderated
Write your message here..
Why might an oligopoly be reluctant to change its price, Why might an oligo...
Why might an oligopoly be reluctant to change its price? When some large firms have high total market share and are non-collusive, there is a strong element of interdependency.
Individual demand - substitutes and complements, Individual Demand Sub...
Individual Demand Substitutes and Complements 1) The two goods are considered substitutes if an increase (decrease) in price of one lead to an increase (decrease) in quant
The theory and estimation of cost, Write Equations Of Average Total Cost Va...
Write Equations Of Average Total Cost Variable Cost Marginal Cost, Economics Write equations for total cost, average total cost, variable cost, and marginal cost. The Central Pub
Types of taxes, Taxes: Compulsory government levies collected to pay for pu...
Taxes: Compulsory government levies collected to pay for public spending. There are numerous types of taxes (corporate, income, wealth, sales, environmentaland payroll taxes); each
Production possibility frontier ppf, Production possibility frontier PPF is...
Production possibility frontier PPF is a combination of two or more goods a which a country can make in a given timeline or period with resource fully employed.
Perfect competition, equilibrium price and output.
equilibrium price and output.
State intervention in an economy, Problem 1: The last half-century has ...
Problem 1: The last half-century has witnessed major changes in the role that governments of developing countries have played, especially in terms of public spending. (a) Ex
Time value of money, My current car gets 10 miles to the gallon and no resa...
My current car gets 10 miles to the gallon and no resale value, but it will last 5 years for sure. I can always buy a new car for 8000 dollars that gets 20 miles to the gallon. A g
Determinants of private demand for education, Determinants of Private Deman...
Determinants of Private Demand for Education Rates of return on investment in education is only one of the factors determining the demand for private investment though it is
The world bank, THE WORLD BANK: The World Bank is another of the 'Bret...
THE WORLD BANK: The World Bank is another of the 'Brettonwoods Twin Sisters'. The World Bank, as it obtains presently, is an umbrella organisation, under which five different
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
IT Courses and Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Follow Us |
T & C
Copyright by ExpertsMind IT Educational Pvt. Ltd.