Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
You can buy as many drinks as you want at $1 each. You can also buy as many chocolate bars as you want at $2 each. You have $5 to spend. You must buy whole bars and drinks, that is, you cannot buy 1/2 a drink or 1/2 a chocolate.
(a) List the combinations of drinks and bars that exhaust your $5 in a table.
(b) Suppose that you must spend all your $5 on the drinks and bars. You would like to have as close to an equal number of drinks and bars if possible. How many bars and drinks will you consume?
(c) Suppose now that you do not have to spend all your $5, that is, you may have some change left over. You want to consume drinks and chocolate bars only in equal amounts, i.e., 1 bar and 1 drink, or two bars and two drinks, etc., but you will consume as much as your budget allows. Given these wants, how much chocolate and drinks will you consume? How much money do you have left over?
Assume the marginal propensity to consume (MPC) is 0.9. Starting from equilibrium, investment demand enhances by 50. How much does equilibrium income enhance? Show the calcul
First-in First-out Method (FIFO) A technique of inventory valuation based on the concept that merchandise is sold in the order of its acknowledgment. In other words, if an elec
What are the requirements of national figure to adjusting? National figures first require adjusting: • For population: Dividing Gross Domestic Product (GDP) by total populat
XYZ is a company that produces a variety of medical appliances for hospital and home use. It has experienced a steady demand for its products, which are highly regarded in the heal
“Ledger is said to be the principal book entry and the transactions can even be directly entered into the ledger account.” Elaborate and explain why journal is necessary.
What is the success effectiveness of multi-national companies (transnationals) in the promotion of development? TNC FDI success into promoting development: • Introduces mode
Draw the line of competition
What is import substitution? Import substitution: It is a government industrialisation policy for development by replacing imports along with domestic production. St
QUESTION 1 (a) Suppose the government decides to implement a minimum wage to help low-income workers. How will the minimum wage affect the demand for labor and what does this i
A .Develop a researchable topic and prepare a research proposal using the layout outlined below. CAVENDISH UNIVERSITY DISSERTATION PROPOSAL LAYOUT TITLE PAGE CHAPTER ONE: INTRODU
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd