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Use the following to answer the questions below:
z is the marginal utility per dollar, x is the amount spent on product A, and y is the amount spent on product B.
Assume MUA = z = 10 x and MUB = z = 21 2y.
Assume that the consumer has $10 to spend on A and B; that is, x + y = 10.
(a) What is best way to allocate the expenditure of the $10?
(b) What is the marginal utility per dollar in the optimal allocation?
q.start at the original correct equilibrium cost and quantity in part a. assume which the government wishes to decrease
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Management and a labor union are bargaining over how much of a $50 surplus to give to the union. The $50 is divisible up to one cent. The players have one-shot to reach an agreement.
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Their banks are holding back credit so it is harder for businesses to invest and for consumers to spend
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Use the Internet to learn more about what companies are doing to enhance employee creativity. Be specific when you make an entry in your search engine to avoid being deluged with a choice of Web sites far removed from your topic. In your search engin..
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