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Wanda Littlemore's utility function is U(x, y) = x + 46y - 2y^2. Her income is $135. If the price of x is $1 and the price of y is $18, how many units of good x will Wanda demand? Please show me how the answer is arrived at?
Engineers at a national research laboratory built a prototype automobile that could be driven 180 miles on a single gallon of gasoline. They estimated that in mass production the car would cost $40,000 per unit to build.
there are many reasons for corporations to diversify economies of scale scope financial synergies capital market
Give the percentage change in the rental on capital and percentage change in wage and compare the magnitude of the percentage in the rental on capital with percentage change in wage in part (b). Use notational format.
Suppose that John Smith gets promoted to a job that causes two changes to occur simultaneously: (i) John earns a higher wage, and (ii) a safer environment causes his health to depriciate less rapidly. How would these two changes together affect John'..
1.the accountants hired by davis golf course have determined total fixed cost to be 75000 total variablecost to be
Consider a city with a river. The city has a resort whose visitors use the river for recreational purposes. The city also has a tannery that creates industrial waste which it dumps into the river.
The bank is willing to lend the business this money at a 10 percent interest rate over an eight-year term.calculate the monthly payment, and explain what the business must be able to do with this money.
you are the administrator for a medical practice. assume all of your practices patients are covered by insurance.
on the solow diagram an increase in the saving rate is shown by . a. an upward shift of the depreciation lineb. an
the demand in japan for new automobiles is elastic and sensitive to market prices. given that describe the effect of
under what conditions will a firm shut down operations in the short run? identify an example you are familiar with or
a small business which produces plastic vacuum-suction covers for round household dishes has a monopoly that is
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