User Account

All Pages

Marginal rate of substitution

Assignment Help Business Management
Reference no: EM131194905

Alice is an excellent statistician and is very precise. In fact, she knows that one of her indifference curves is precisely described by the following equation x2 = 20 - 4√x1. If Alice chooses the bundle (x1, x2) = (4, 12), what is her marginal rate of substitution?

Reference no: EM131194905

Questions Cloud

Key characteristics of indifference curves : The following are key characteristics of indifference curves,
Idea of globalising the australian economy : Do you support the idea of globalising the Australian economy? Why. Why not? In writing your answer, wherever possible, back up your arguments with the theory, research articles or statistical evidence.
What factors might sometimes lead to unethical choices : Discuss two of the choices you had to make and what you learned about ethical issues from these choices. How can the choices made within the role you chose affect the outcome of the study and those who are participating in the study?
Create document showcasing your analysis of three ted talks : Create a document showcasing your analysis of three TED talks and presenting a list of 10 qualities, techniques and/or presentation skills that made the presentations you watched inspiring, captivating, creative and effective.
Marginal rate of substitution : Alice is an excellent statistician and is very precise. In fact, she knows that one of her indifference curves is precisely described by the following equation x2 = 20 - 4√x1. If Alice chooses the bundle (x1, x2) = (4, 12), what is her marginal ra..
Demand curve for corn : Suppose that the demand curve for corn is downward sloping but that the supply curve is perfectly price inelastic at a quantity of Q* once the corn is harvested. Futhermore, assume that the equilibrium price is $5 per bushel.
Describe the present composition of the board membership : Then, specifically look at the composition of the licensing agency's board of directors. Describe the present composition of the board membership.
Write a book report on the book achilles in vietnam : Write a 700 word book report on ACHILLES IN VIETNAM: COMBAT TRAUMA AND THE UNDOING OF CHARACTER - written by Jonathan Shay.
Which of the following are legitimate ethical codes : Diversity and multiculturalism have become central to the helping professions. Which one of the following statements is a recognized ethical standard?

Reviews

Write a Review

Business Management Questions & Answers

  Breakeven analysis for a cookie store

Let's say we had a cookie store open 20 days a month. How many cookies would we have to sell each day to break even if we sold our cookies at $1 apiece and had the following expenses?

  Value relative to the other currency

Taking the information determine if the short/long position creates a profit and which currency increased in value relative to the other currency. Given: Must use $100,000 usd for each purchase.

  Discuss whether james must be able to recover from adam

Discuss whether James must be able to recover from Adam based on a contract for the sale of the car.

  Determining the threads main view

Remind your classmates of your real-world situation presented in the Unit 6 Discussion including the graph that you drew to model this situation.

  What repercussions might be of applying western world theory

Write a paper that examines what the repercussions might be of applying a Western World theory in a non-Western area. Why would it be a risk to apply a Western theory without first checking for the cultural impact?

  Discusses various economics topics

The company would therefore, not recommend the use of this asset allocation model as a general guide to financial investment

  Describe the four stages of a group

Bruce Tuckman's theory about team development uses what four sequential rhyming words to describe the four stages of a group's progression?

  Find out the description of a balanced scorecard

Implementing a balanced scorecard. Find out the description of a Balanced Scorecard in a published article or a company's website

  Research questions should be level one headings

The purpose of this assignment is for you to write a graduate level paper using APA formatting. The research questions should be Level One Headings. You will conduct scholarly research into the three research questions (RQ) listed below.

  Contrast the keynesian portion of the ad

Compare and contrast the Keynesian portion of the AD/AS model with the classical portion of theAD/AS model, and explain how the level of production is determined in each situation. Use graphs to explain your answer.

  Implementing a best buy in taiwan

In the government or politics and benefits to locating in the country

  What are some core leadership qualities

What are some core leadership qualities? Name examples

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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