Marginal cost of care, Macroeconomics

Assignment Help:

Given the following MV information, what is the optimal allocation of care according to the Preteens criteria, when the marginal cost of care is constant at $100.
Person A Person B
Quantity of care MV Quantity of care MV consumed
1 $200 1 $150
2 180 2 120
3 162 3 92
4 146 4 66
5 134 5 42
6 122 6 20
7 112 7 0
8 104 8 0
9 98 9 0


Related Discussions:- Marginal cost of care

Present worth of a cash flow, What is the present worth of a cash flow that...

What is the present worth of a cash flow that gives you $6 in every time period from 1 to 20 when the interest rate is zero?

How big is buffer-caesar saladis, 1.  You are managing a breakfast and lunc...

1.  You are managing a breakfast and lunch only restaurant that sells all-inclusive plated meals (i.e. all lunches include any protein or hot foods as well as salads and sides on a

Balance of trade, Balance of T rade A country's present accoun...

Balance of T rade A country's present account reflects a money drain when exports exceed imports. The net distinction in-between the dollar value of a world imports an

Classical labour market, using a classical labour market , illustrate the e...

using a classical labour market , illustrate the effects of a real wage existing in the market that is lower than the equilibrium real wage. what will eventually happen in this lab

What is an oligopoly?, Oligopoly is a marketplace where the deliver is cont...

Oligopoly is a marketplace where the deliver is controlled by a small group of companies. In this condition, the actions of single company will have a material effect on the whole

Market supply of labour, Use a graphical illustration to describe briefly w...

Use a graphical illustration to describe briefly what the influence of each of the following would be on the market supply of labor:(a) an increase in immigration (b) more women en

What are the indicators of development, What are the indicators of developm...

What are the indicators of development? Economic development is a complicated multi-dimensional idea. Preferably each aspect of development needs its own indicator. • Prof

Classical and non-classical model, what is the difference between classical...

what is the difference between classical and non-classical model

plot the aggregate demand, The economy of Mainland has the following aggre...

The economy of Mainland has the following aggregate and aggregate supply schedules:                               Real GDP Demanded                         Real GDP Supplie

Write Your Message!

Captcha
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