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Mary’s utility function is U (b, c) = b + 100c ?c2, where b is the number of tomatoes in her garden and c is the number of onions. She has 500 square feet in her garden to allocate between tomatoes and onions. Tomatoes each take up 1 square foot and onions each take up 4 square feet. She gets both kinds of seeds free.
(a)To maximize her utility, given the size of her garden,
How many tomatoes and onions should Mary plant?
Explain how the joint venture can take advantage of the Polish cultural differences to build a stronger organization.
Two mutually exclusive alternatives are being considered for the environmental protection equipment at a petroleum refinery. One of these alternatives must be selected. Which environmental protection equipment alternative should be selected? the firm..
You shared good information about the definition of the labor force. However, per our discussion question, can you tell me is the student who graduated, but is looking for work a part of the labor force? Can you explain why or why not?
the price of business travels drops, the company issues a report indicating that its marginal rate of substitution between electronic media and business travel marginal rate of substitution between electronic media and business travel is - 1. Is t..
Explain how the adverse inflation shock affects the AS curve. (ii) Discuss, using AD-AS diagram, what choices the Fed now must make regarding monetary policy.
What do you think he would suggest as an economic plan for our economy. Would they agree or disagree with the current policies.
The higher the percentage of debentures, the greater the risk borne by each debenture, and thus the higher the required rate of return on the debentures.
There are no gains from reducing class size below 20 students, the relationship is constant in the intermediate range between 20 and 25 students, and there is no loss to increasing class size when it is already greater than 25."
Consider the market for minivans is at equilibrium. Determine, using the supply and demand model, how the following events might affect the equilibrium price and quantity for minivans. Explain why fully. Consider each separately.
Government purchases rise to 1440. How does this increase change the equation describing desired national saving? Show the change graphically. Illustrate what happens to the market-clearing real interest rate.
Explain how the strength of the economy as a whole could affect the marginal benefits and the marginal costs associated with a decision to purchase a home.
What would be a short-term impact on the production of the corporation. Illustrate what would be the long term.
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