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David has $100 per month to allocate between Internet connect time, C and food F. His preferences are given by the utility function U = CF. The price of food is $1. An Internet Service Provider provides two billing options. Under the first plan he pays $0.25 per minute of connect time. Under the second plan, he pays a lump sum of $30 per month and only $0.10 per minute of connect time. Determine David's optimal consumption bundle and his choice between the two plans.
can you suggest better methods of making the adjustments for the stated purpose. llustrate what general guide can you suggest as to elucidate how much price should be increased
Fred's Fashion Accessories of New Jersey produces jewelry for sale in Boston and New York subject.
Analyze these indicators and prepare a 3-4 page report elucidate the expected short-term impacts on firms in any one of the following five industries in terms of product sales.
Discouraged employees are not considered unemployed. People who work part time but want to be working full time are considered employed.
Assume also that the price of cigarettes, the income of consumers, and the price of alcohol.
Draw the Edge worth Box diagram for this economy also Explicate whether the initial allocation of cheese also bread is Pareto efficient.
A firm with a U-shaped average cost curve finds that its costs exceed its revenues when it sets price equal to marginal cost.
What must the CFO expect about the Australian Dollar/US$ exchange rate 1 year from now if she chooses to invest in the US $ CD's instead of the Australian CD's.
What are some of the other key roles in the Planning Process.
Draft a research proposal to identify the problem also suggests a methodology for recommending a solution.
Demand curve is d1, what will be the change in her revenue. If her demand curve is d2 what will be the change in her revenue.
Illustrate what effect does the income tax have on consumption and labor supply? Explain your results in terms of income and substitution effects thoroughly.
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