Indifference curves with similar shape

Assignment Help Basic Computer Science
Reference no: EM132323858

Anne's utility function is given by u(x1,x2)=x1x2. She has two friends, Michael and Peter. Michael's utility function is given by u(x1,x2)=-1/(10+2x1+x2), and Peter's is given by u(x1,x2)=-x1x2. Who has the same preferences as Anne? And who has indifference curves with similar shape as Anne's indifference curves? Explain.

Reference no: EM132323858

Questions Cloud

Determine the market price : Determine the market price of a 15-year, 4.37%, $75,000 coupon bond when the market interest rate is 4.85%
Quadratic equation to solve : It might help if you define Z = vY so that Z^2 = Y. You should end up with a quadratic equation to solve.
Determine the accounts receivable turnover : Determine the accounts receivable turnover and the number of days' sales in receivables for both companies. Round answers to one decimal place.
Identify each activity required for your dissertation : Topic - Business Organisation and the Family Business Model. Identify each activity required for your dissertation and allocate a time factor for each task
Indifference curves with similar shape : And who has indifference curves with similar shape as Anne's indifference curves? Explain.
Would you advise the firm to produce or shut down : If you are the consultant for the company, would you advise the firm to produce or shut down? Briefly explain your decision.
Prepare the entry to record the issue of the note : On 2 may, noble park lends 6600 to sandhu, issuing s 6-month,9%note ,at the maturity date , 2 november , sandhu indicate that it cannot pay.
The risk management program and risk assessment program : Do you believe that there is conflict between goals of the risk management program and risk assessment program when they are both part of the same program.
Depending on how you classify animals : How might you explain to her that that is not exactly true, depending on how you classify animals? your argument as to why Dinosaurs are or are not extinct

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Environmental-resource economics

National monuments are lands that are protected from development by law. They are roughly analogous to national parks, but while national parks.

  Determine an optimal pricing strategy for matchbox

Suppose now that Matchbox can issue coupons for a $1 rebate on its toys to its fans (and only its fans). Determine an optimal pricing strategy for Matchbox.

  Methods for input of data in programming

Programs often require input of data. Name 2 methods for input of data in programming.

  What is the precedence graph for the schedule

Are there any serial schedules that must be equivalent (regardless of what the transactions do to the data), but are not conflict-equivalent?

  Data communication technologies of guided media

Compare and contrast the data communication technologies of guided media and unguided media. This should include transmission media, data link control protocols, and multiplexing.

  Recall the components of internal control

Recall the components of internal control. Identify the internal control weakness in the above situation. Propose a way to correct it.

  Calculate and display the output arrays

In the main function, declare the input and output arrays for array #1 and array #2, calculate and display the output arrays.

  Determine if the true mean performance level

determine if the true mean performance level for students in the rudeness condition is lower than the true mean performance level for students in the control group.

  Write a program that encrypts a text by applying xor

Write a program that encrypts a text by applying XOR (excluding or) operation between the given source characters and given cipher code.

  Tools used to avoid losing passphrase

Are there any tools which someone can utilize safely, other than key recovery, to avoid losing his or her passphrase?

  Economist point of view

Using these ideas explain whether the government should eliminate or reduce patent protection, which are a source of monopoly power.

  How far could it transmit a signal

A step-index multimode fiber has a modal dispersion of about 30 ns/km. Using the formula for maximum data rate for a given dispersion, about how far could it transmit a signal at 1Gbit/s?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd