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..
Economics, What happens when oil eventually runs out?? can''t we just pay ...
What happens when oil eventually runs out?? can''t we just pay doctors and nurses more money?? The unemployed should get off their backsides and get a job??
Game theory, mixed strategy
Hybridization, What is Hybridization? Atomic orbitals can be combined, ...
What is Hybridization? Atomic orbitals can be combined, in a process called hybridization in chemistry , to describe the bonding in polyatomic molecules. Descriptions of the b
Home work help, Exercise on Demand, supply and market equilibrium Given th...
Exercise on Demand, supply and market equilibrium Given the following determinants of demand and supply, briefly explain, using appropriate diagram, the nature of relationships be
Summary of demand and supply considerations of education, Summary of Demand...
Summary of Demand and Supply Considerations of Education A study of supply and demand considerations in education helps in understanding four major issues and concerns of an e
Economics, List four characteristics of monopolistic competition
List four characteristics of monopolistic competition
Fiat money in europe , Fiat money is not a new idea. Some European histori...
Fiat money is not a new idea. Some European historians recognize the first use of fiat money in Europe resulting from gold and silver smiths issuing their customers receipts for g
Equibilium, Suppose Dlamini has R5 000 to spend on trousers and shirts. The...
Suppose Dlamini has R5 000 to spend on trousers and shirts. The price of trousers is R500 each and that of shirts is R312.50 each. 6.1 Use the information and calculate consumer eq
Explain why goods provided by natural monopolies, Explain why goods provide...
Explain why goods provided by natural monopolies are often publicly owned. It would seem that most normal monopolies come with high MSB and also that society has deemed these g
Discount rate, Discount Rate The term discount rate relates to ...
Discount Rate The term discount rate relates to business valuations. It is the rate applied to a future torrent of making an income or cash flow to measure its represen
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.